i mean, they're bankers. >> reporter: dell duncan gave friedlander a lifeline. he opened ohio commerce bank in cleveland just before the recession hit. it's a community bank dedicated to small business with an old-fashioned charter-- make lones to people not credit scores. >> we look at every customer individually. we go out to see them and that allows us to do more alones than a bitioner bank. >> reporter: they still take risks and make loans the big banks run away from. >> the bank unilaterally, decides that their industry is just not one they want to lend to anymore and they actuallyraphy. >> reporter: duncan's ohio commerce bank lent friedlander $3.5 million. he paid off his investors, expanded into florida, and created 350 restaurant jobs. >> they showed us everything. they worked with us on a daily basis. >> reporter: can they save the business? >> yes. >> reporter: would any of those jobs have been created without this alone? >> no. >> reporter: none of them? >> none. >> reporter: all because a small bank looked at a small business man and saw a big oppor

judah friedlander joins us next. discovered hotwire. now, i use all my vacation days. i can afford to visit my folks for the holidays. and reconnect with my girlfriends in vegas. because i get ridiculously low prices on all my trips. you see, when hotels have unsold rooms, they use hotwire to fill them, so i get 4-star hotels for up to half off. now i can afford a romantic trip to new orleans. hi honey! ♪ h-o-t-w-i-r-e... ♪ hotwire.com nyquil tylenol: we are?ylenol. you know we're kinda like twins. nyquil (stuffy): yeah, we both relieve coughs, sneezing, aches, fevers. tylenol: and i relieve nasal congestion. nyquil (stuffy): overachiever. anncr vo: tylenol cold multi-symptom nighttime relieves nasal congestion... nyquil cold & flu doesn't. see? he's taking his vitamins. one a day vitacraves plus omega-3 dha is a complete multivitamin for adults. plus an excellent source of omega-3 dha in a great tasting gummy. one a day, gummies for grown-ups. ♪ $5 ♪ $5 footlong [ male announcer ] februany's on! any regular footlong

christine friedland from royaltiers is here with some perspective. so up over 13,000. then the do i by the end of the day had dipped back down a bit. how big of a deal this. >> i think this is a real big deal. may 2008 the crisis was starting to bite. we had bear stearns but not leeman yet. i remember talked to really scared wall street people saying will the dow ever get above 13,000 again. so i think this is really important. and i think you're absolutely right, john, to say it really pulls the rug out from under that core republican argument that president obama has made the economy worse than it was when he took over. >> and yet there's a bit of an irony here in that the dow is at its high mark of the obama presidency at the very moment gas prices are at their high mark of the obama presidency. up every day now kristen for the past two weeks. any relief in sight? >> i think that is the big danger. the price of oil is now above $105 a barrel that. seems to be driven primarily by geopolitical issues, concerns about the standoff with iran. and if things get worse with