c.e.o. brian moynihan simply reaffirmed that banks quote have a right to make a profit now of course those opposed to operate a new banking regulations in general jumped on the new fee as an example the costs of regulations being passed on to the consumer and an editable result of trying to rein the banks in but if that was the central argument which is that if he's a civil response of the economics of the day and you regulate. well i would love to if you could explain to me what exactly has changed in the economics of the last two months other major banks deciding not to change the fee doesn't change the economics of the day this isn't change the new regulations in dodd frank what it does show us that banks are full of it especially bank of america who have the audacity to come out and make the claim the regulations the market levers and simply not greed made them create that the other banks are going to do is find consumers' fee. charged consumers be the excuse me as much as they can get away with and use any excuse that they can but this small victory for consumers also shows that people do hav

c.e.o. brian moynihan all of whom make enormous multimillion dollar paychecks the real greed monsters on the one percent don't reside on wall street all need the top one one hundredth pub one percent of america's war profiteers who are making enormous bucks hurdling our nation in the wrong war after another people like northrop northrop grumman c.e.o.'s bush made more than twenty two million bucks last year and lockheed martin c.e.o. robert stevens and boeing c.e.o. james mcnerney both guys who collect a salary that would make bank stars green with envy the brave new foundation has just launched a new campaign to expose the one one hundredth of one percenters in america take a look at the c.e.o.'s of the biggest military contractors aren't there and. can. and and. these were industry c.e.o.'s use their companies massive lobbying. their gravy train rolling. in the c.e.o.'s businesses or drag on for decades while the rest of us pay for the right. care croad joins me now he is the political director of the brave new foundation welcome. thanks how are you. that thanks for joining us tonight what