we do not need regulators, we do not leave the fdic -- need the fidc. -- fdic . we have the ability to borrow. there is always the option to borrow from taxpayers. >> the costs are paid for by the banks? >> yes. the premium, the returns, pay the operating costs. >> as you sit there, what do you not regulate? >> we do not in sherer securities. you have to be a regulated bank. we do not ensure holding companies. we did for a limited time. that is a good thing. there was no loss. there was a gain on that. there was no loss. we only insure insured banks. if you structure your counts right so you can add to under 50,000, you and your wife can have a joint account for 250,000. there is information. >> early in the book, you talk about hank paulsen. you tried to get an appointment with him. they would not give you the time of day. >> i got put off. i finally got an appointment. i went over there. i went to the lobby. they read directed me to bob's office. he and i had a very nice meeting. we had a good working relationship. we did not agree on everything. hank came by f