it wasn't like we were going to be choosy, well you can come in, but you can't. we try not to exercise judgments based on business models anyway. if you've got capital, you've got good management, you should get a charter. nonetheless, these nontraditional investors. it's not a regulatory culture. so we started letting them bid. other occ and the states started chartering their new banks. so we let them into our bidding process. i really saw some things that were quite troubling. particularly part of their proposal being that they would flip the property. first flip the property very quickly. flip the bank very quickly. i wanted bidders, but i did not want people coming into the banking system that were not looking at this as a long-term investment. they wanted to provide banking services. we did. a few of them slipped by. we got some of them out and a three-year lockout as well as some other restraints. and that pretty much put the end to that. a few got through before we did that. those are the two things i would have done differently. overall, the fdic perform

but investors are being choosy.s not doing as much as people had expected in order to get the deal done. another thing that companies are doing is if they find that investors are not interested in the ipo or perhaps the price gets taken down a little bit, they have a very fluid capital markets that they can access and companies on file are saying, let's raise debt, reinvest in the company, and wait and see when that window reopens for us again. as far as the market that we are in right now, investors are being chos choosy. >> people are sitting at home looking at splunk that doubled in value. some people will be interested in getting in on the ipo and others will not and others will be disgusted as what they see as snouts in the trough. it looks like a casino that could double in value. that's not a market working properly. that's not a market functioning to allocate resources to companies in the way that it should happen. surely something is going wrong here. >> no, i don't agree. i think splunk is a leader in thei

be president. you know, that's the important choice here. that's what you're really choosi choosing.hen you look for who adds strength to the ticket, who add strength to the administration, but you certainly need a running mate that people can look at and say, this is somebody who we would trust as the president of the united states and that's what the vice president's principal role is to be ready to do that if necessary. and then to be a real partner in the administration you hope to put together. i think there's an increasingly good chance there will be a romney administration and just the events of the last ten days as people have begun to focus now not on the intraparty fight but on what needs to happen after november, i think that's good for romney. >> why do you think that rick santorum has taken so long to be you know giving what is obviously going to happen. there will be an endorsement but he's quibbling about what kind of endorsement and whether it is an endorsement and taking a lot of time. i'm told there's a lot of annoyance within the romney camp over this. >> well, i d

choosy about it is winnable. of the gaster. >> will your next would be about? >> thank you for asking. i don't know yet.'m researching a bunch of ideas and have not narrow them down. i'm interested in american history and capitalism. it would be something in there. not swindling, nice to spend time with good people. we will see. taking up. thank you very much for coming. i will be signing books and would love to talk with you more individually. thank you very much. [applause] [applause] >> this event was hosted by the elliott bay book company in seattle. for more information visit elliott bay book telecom. >> in his new book rodney king recounts his life following the video recording of his beating by los angeles police on march 3rd, 1991. mr. king talks about his own legal problems and alcohol addiction since then as well as the acquittal of four of the police officers in the case which led to rioting in los angeles. on tuesday rodney king speech at the center for research on black culture in harlem, new york city. but tv will bring you this event live online at 630 eastern. get to booktv.org and put t

choosy about who they swindle. nah, i don't think it's true. [laughter] one more in. >> what's your next book going to be about? >> thank you forking for asking. i don't know yet. i'm researching a bunch of ideas and haven't narrowed them down, but i'm interested in american history, and i'm interested in capitalism. that's a very large category, but it would being? there. not swindling. it'll be nice to spend is some time with some good people. [laughter] thank you very much for coming. i'll be signing books over there, and i'd love to talk with you more individually and what a pleasure. thank you very much. [applause] >> this event was hosted by the eliot bay bookcompany in seattle. for more information visit ellittbaybook.com. >> with the u.s. senate on break the rest of this week, we're featuring some of booktv's weekend programs in prime time on c-span2. monday night, books about pearl harbor. craig shirley with december 1941. at 9:20, stanley weintraub's pearl harbor christmas: world at war. and at 10:15, burt and anita folsom talk about their book, fdr goes to war: how expanded executive power, spiraling