gary gentzler should be doing some level of oversight on this. he's an old guy from goldman sachs. >> and take it one stepfatherrer. one of the executives there informed him that there was some shinanigans with the book and he left shortly after getting into an argument with this guy corzine. >> michael? >> this guy is a smart guy. he has a very strong personality. and that's what has made him so successful. but what is going to destroy him are those very things because he hasn't listen to his attorney. albeit they prepared him well for today under the circumstances. but it's time he listens to the lawyers because, yes, he should help find that money, but there's another bucket that he has to hook at and that's that he's possibly going to be prosecuted. and in that vein, listen to your lawyers. you are not smarter than they are when it comes to these type of things. >> well, i think, you know, the american people out there are getting more sicker and sicker and sicker of these huge amount of moneys being transferred around wall street and lining

two had to do with gary gentzler. you had contact with the trading commission about whether the agency should adopt regulations restricting use of client money to trade. these rules were not adopted until after the collapse of m.f. global. host: do you agree that's an area of inquiry? guest: without a doubt. we need to go into that also because there's nothing wrong with the lobbying. but if there was some way to prevent them coming in and using the connections you had and therefore there's a situation, the result was that the company ended up in bankruptcy, there were about 2,800 jobs lost so far. $1.2 billion of customers' accounts still missing. so certainly i think that's an area that you are going to hear a lot of questioning from. host: let's get to some calls. beginning with miami. this is jennifer who is a democrat there. good morning, jennifer. caller: good morning. i'll make a comment and then a question. a question then comment. good morning. good morning, representative. guest: good morning. caller: i woul