hank, tell us a little bit about -- you know, hanks is in the book, i'm a tough guy. i forget what point he said that. but he was a wrestler in high school. when the president asked him to become secretary of the treasury, and hank's initial action was not to do but he decided to do. he had one big worry, and i think this crowd might be interested in what makes a grown man tremble. >> trantwo's talking about my mom. and i'm quite close to my mother. she is a strong woman. she is very engaged and interested in politics and policy, and she was not and admirer of george bush. and very unhappy with the war, they're interested in women's issues and so on. so there'd been a fair amount of speculation in the press that i might go to washington. and i turned down the opportunity a couple of times, and i had assured her that i was not going to go. because i had no intent of going. but then when i reversed myself and decided very suddenly it was the right thing to do, not to say no to my country, i was in illinois where we live, and still have our primary residence. and i was t

well, let's get onto hank spoke. when i got this book, i got it a little early and i expected to learn about financial advisers and make it. but i didn't realize that i'd also learned something about how to attract women. it's a little late i realized. by tank at a sure fire approach, which would need to wendy out on their first date and said i would like you describe if you do want to elaborate on that little bit, i'd like to hear about it. >> well, but he said before that, first of all, i'm delighted to be here today and all the hot. the snow would be just like washington. .. about -- hank essays in the book i'm a tough guy, i forget what point you say that but he said he was at dartmouth as a tackle i think but when the president asked him to become secretary of the treasury, and hank's initial reaction was not to do it but he decided to give it -- that he had won a bid to become big worry and the crowd might be interested in knowing what makes a grown man crumble. >> warren is talking about my mom, and i'm quite

>> she went home early that night. >> hank, tell a little bit about -- hank says in the book i and a tough guy. i forget what point you said that but he was all i.t. at dartmouth as a tackle but when the president asked him to become secretary of treasury and hank's initial reaction was what to do it but he decided to do it but he had one big worry and i think the crop might be interested in knowing what makes a grown man trumbull and warren is talking about my mom quite close to my mother she's a strong woman, three engaged in the interested in politics and policy and she was very unhappy with the war and very interested in women's issues and so on and so there had been a fair amount of speculation in the press i might go to washington and i turned down the opportunity a couple of times and i had assured her i was not going to go because i had no intent of going but then when i reversed myself and decided very suddenly it was the right thing to do not to say no to my country i was in l.a. where we live and still have our primary residence and i was there on memorial day weekend beca

>> rose: hank paulson for the hour, next. if you've had a coke in the last 20 years, ( screams ) you've had a hand in giving college scholarships... and support to thousands of our nation's... most promising students. ♪ ( coca-cola 5-note mnemonic ) captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: henry paulson is here, he was u.s. treasury secretary from 2006 to 2009. it was an extraordinary period in american history. the outbreak of the global financial crisis consumed his tenure, resulting in the worst recession since the great depression. as a series of major financial institutions collapsed around him, he oversaw the recovery, including the tarp program. while some credit the program for preventing a depression, others say it looked like it was subverting american capitalism. last week, he testified before congress that the program was esseial to preventing disaster. >> today after all the actions that have been taken by the u.s. government, we still have this

. >> hank, the british had given you the kind of british like bail warning about the situation a couple of days earlier. but in effect, they blocked the barclays acquisition of lehman. do you think they understood what the consequences were? >> i don't know everything they understood, but remember, there was a requirement for a shareholder vote. >> but we overcame a lot of things in this country. >> that's right. and then what we needed was, we needed a buyer that could do what j.p. morgan did with bear stearns, which was filled the capital hole and didn't guarantee the trading during a shareholder vote. because there was no authority to do this in the u.s. and what i think people have a hard time understanding, because we are the united states of america, and i had a hard time understanding until i started overturning, turning over every stone to see what authorities we had, that there was no authority to guarantee liabilities or to put capital into institutions. but in any event, i'm not sure what -- but the british were, i had said in the book, i did use some rational language when i

>> she went home early that night. >> hank, tell a little bit about -- hank says in the book i and a tough guy. i forget what point you said that but he was all i.t. at dartmouth as a tackle but when the president asked him to become secretary of treasury and hank's initial reaction was what to do it but he decided to do it but he had one big worry and i think the crop might be interested in knowing what makes a grown man trumbull and warren is talking about my mom quite close to my mother she's a strong woman, three engaged in the interested in politics and policy and she was very unhappy with the war and very interested in women's issues and so on and so there had been a fair amount of speculation in the press i might go to washington and i turned down the opportunity a couple of times and i had assured her i was not going to go because i had no intent of going but then when i reversed myself and decided very suddenly it was the right thing to do not to say no to my country i was in l.a. where we live and still have our primary residence and i was there on memorial day weekend beca

let's go on to hanks book and. [laughter] when i got this book by dotted a little early. i expected to learn more of the financial crisis than i did but i did not realize i also learned something about how to attract women. [laughter] i realize it is a little late. but haig has a surefire approach which when he took wendy out on their first-aid in boston, i would like to eight hear about it. >> before that, first of all, i am delighted to be here in omaha. this nablus is just like washington. i have been a longtime friend and admirer and he has been a pillar of strength for me during the credit crisis. warren was referring to something in the book. i was not a model of maturity when i was a senior at dartmouth college. we were at the boston pops and when he was not very impressed when i made by program into a paper plane and assailed it. did you hit him? >> no. [laughter] but she gave me another chance. >> host: did you go home early? [laughter] >> guest: she went home early part but fortunately you got a second chance. >> tell us, hanus says i am a tough guy. but a wrest

were done while hank paulson was the boffs goldman sachs. what was not revealed at the time was that goldman was the major contributor to a.i.g.'s distress. most of the deals that were problematic to a.i.g. were either underwritten by goldman sachs or were goldman sachs' trading division. and none of that was revealed at the time despite the fact that key officers from goldman sachs who were involved in many steps of the bailout process. >> though goldman sacks says it had already insured itself against losing the $30 billion, the rescue of a.i.g. was critical to its future. >> had a.i.g. gone into bankruptcy, had the fed and treasury not stepped in, i think the effects for goldman sachs and for other american participants in that framework and in those circumstanc would have been very, very adverse. >> could have been fatal for goldman sachs? >> i wouldn't say fatal. no, sir. >> u.s. banks spend about half a billion dollars a year lobbying u.s. politicians, but goldman is perceived as having the biggest political clout. not only did paulson

we had hank, we had been burning the, we have tim geiger and shoot a bear head of the fdic. i know a lot of people in finance and a lot of people in business. i know people in government. and i can't think of for that would have done a better job of getting us through that. not kind of fashionable to look back and look at one little aspect or another of what was happening then. but our country's financial system froze up during that period. some of you in this room were at a party or was that in september 2008, when the talk was our money market funds safe. now, when you have 3.5 or more trillion funds held by 30 million people, who won a sunday are worrying about whether they can get their money, that money was half of all the deposits held by u.s. banks at the time. you have a panic. you had commercial paper frees up entirely and you have some of the biggest companies in the united states and some are described in this book. they worry about whether they're going to meet their payrolls in a short period of time. the other sixth-largest bank as far as domestic product grew

this is misty talking to hank croslin sr. let's listen. >> this has got to come to an end, it's got to, misty, whatever the truth is, it's got to come out. and, you know, you don't want to be talking with us, your lawyer. >> uh-huh. >> there you go, mike. tell the truth and get lawyered up, huh? >> don't lie anymore. so what does that say? hmm, he's the father, i think he probably knows, she knows some information. and mike, i keep going back to those polygraphs, do you know who took haylee? 42% deception. did you take haylee? 95% deception. >> we appreciate it. coming up, mel gibson, not exactly known for holding his tongue and letting loose again, this during an interview. >>> welcome back to "prime news" on hln. if toyota's not bad bad enough problems, now the prius hybrid. so many of you have called in asking for information. let's bring back in ali velshi, author of "give me my money back" all over this since day one. walk us through how serious is this? >> is preous prius is new. a number of people have complained there

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tom hanks played him in the 2007 movie. tomorrow marks 20 years since nelson mandela was released from prison. millions watched him emerge karen allen has had rare access to the prison where he spent those final months. >> this is the villa in the prison where he spent his last year in custody. you can see that even haa swimming pool in the shadow of the mountains. by the time he reached here, it was clear that he was being prepared for bigger things on the outside. >> extraordinary to think that 20 years ago this was the nerve center of an attempt to liberate nelson mandela from prison. senior figures included bbc.co [unintelligible] in the last weeks of his incarceration he was secretly driven to cape town to hold talks to negotiate the terms of his release. >> on the 11th of february, 1990, nelson mandela was set free. he is now preparing to reflect on his past. his ex-wife has recreated the historic walk through the gates, joined by some of the heavyweights. 20,000 people are expected to mark this anniversary, knowing t

. >> rte thas tom hanks playinisan, charli wils. the towe 6" ngressman from east texas, whoaso, well, high srited, he was so known as gd time chaie. >> l, n get y drin >> 10:00n the rning. >> faien, i guess. >> reporter: charlie wilson was also a politicalens wh muscleand cajoled his fellow congressn into helng nate afghanrun the soviet union out their count. >> thedeth this tag group ribeen could actually ton the most foidable, fear military rmation in htory was md boggng. just start. and they won. >> charlay have the only believer in the unitestates tthe afgheople coultually exphe soviets. he hiswn persojihad. reporter: as wenow, ory would bring ists and turns infghanistan thman who shook e soviets with charlieiln's war nebacked . >>o it's jusarnd ace, i alwa said i was do, t a heavilmedove. charlie wilson diedt e e of 76 of heartailure. >>> and still ahead on "world news," wllelu what ppened todayn soany -called disoers in the u.s. what hpened and sex diti, binge eating, temperantrum >>> alsoameg video aries from the srm. even ou

americans learned his name as part of charlie wilson's war, the movie a few years back starring tom hanksle. former democratic congressman charlie wilson died today. he represented his east texas district for a quarter century in congress, best known for his role in helping secretly fund afghanistan resistance to the soviet union in the 1980s. charlie wilson was 76 years old. >>> we'll take a break. when we come back, the news today that could put one american's olympic dream on ice. that could put one american's olympic dream on ice. that can build up e in arteries. it's called atherosclerosis--or athero. and high cholesterol is a major factor. but crestor can help slow the buildup of plaque in arteries. go to arterytour.com and take an interactive tour to learn how plaque builds up. and then ask your doctor if crestor is right for you. along with diet, crestor does more than lower bad cholesterol and raise good. crestor is proven to slow the buildup of plaque in arteries. crestor isn't for everyone, like people with liver disease, or women who are nursing, pregnant, or may become pregna

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lisa croslin, her mother had 30 and then her father hank croslin, sr. and her father got a wife -- >> don't care about tommy croslin unless he can tell me something that misty croslin blurted out in one of the drug-fueled nights on the town. >> says he can't. >> all of the people visiting. are they one on one? across the table? plexiglass between them? how does it work? >> i believe it is threw a telephone and then in a different location than the actual inmate, nancy. >> wait maunt. what you are telling me is the visitors are at, for instance, a visitor's center in a different building and they can talk on a phone. >> yes. >> can they see each other? >> i think they can. that's -- so there is video or there is video of each person talking. but i'm told they can see each other because there were a very emotional connection thigh's my understanding. how does it work there? what i'm getting at, marlaina, more likely to get the truth out of her sitting there with her than someone in a visitor's center three miles away talking on a phone. >> her attorney ca

lisa croslin, her mother, had 30, then her father hank croslin sr. and her brother tommy got a visit from his wife lindsay. >> don't care about tommy croslin. unless he can tell me something that misty croslin has blurted out during one of her drug-fueled nights on the town. so all of these people are visiting. is it one-on-one. is it via skype, internet? how does it work? >> i believe it's on a telephone and in a different location than the actual inmate, nancy. >> wait a minute. what you're telling me is the visitors are at, for instance, a visitor center in a different building? >> that's my understanding. >> and they can talk on a phone? >> yes. >> can they see each other? >> i think they can. so there is video, or there is video of each person talking. i'm told they see each other because there was a very emotional connection. >> that's my understanding. have you seen the setup? how does it work there? what i'm getting at, is it's more likely to the truth out of her sitting with her than in a visitor center three miles away via skype. >> her att

inspired the book "charlie wilson's war" and then the successful film of the same title in which tom hanksarlie wilson. he earned the name "good time charlie" for obvious reasons, but charlie wilson always knew he played a significant role in afghanistan's history. he appeared on this program in april, 2008, after the release of the film and less than a year after receiving a heart accusations and to hell with you. >> rose: (laughs) >> (laughs) >> rose: charlie wilson, dead at 76. captioning sponsored by rose communications captioned by media access group at wgbh access.wgbh.org ♪ ♪ if you've had a coke in the last 20 years, ( screams ) you've had a hand in giving college scholarships... and support to thousands of our nation's... most promising students. ♪ ( coca-cola 5-note mnemonic ) ed mapp grew up going to the movies. i think back on my childhood and remember how important movies were to me. at that time, it was the only way to see the outside world. ed decided to be a professor - an expert on the impact of the media. today you have television. people have at least one tv set in their

hank paulson's book in when which i am read anything is interesting they all start in september 2008 and part of this is the drama of the collapse and what was done to stabilize this system? we're much more interested in the years and months leading up to september 2008 and what were the regulators, the policymakers, and people on wall street doing so that we got to the point that the only choice was we either invested a trillion dollars plus to stabilize the market or we there a collapse? that's a great idea. >> that's the book there's not written. >> yeah, that's a great point. what about this, here we are every day talking about fin reg, financial regulation and that the industry is going to change going forward. do you feel that it would be more prudent for the congress and president to wait until after your findings are due on december 15th before putting financial regulation forward? >> look -- >> some people in congress feel this is the only legislation congress is going to be able on get out this year. >> look, the congress and the president were elected. i don't think they o

weekend on "meet the press," david gregory has an exclusive interview with former treasury secretary hank paulson, out with his new book "on the prink" along with another well-known but some would say obscure economist and former head of the fed. >>> plus an exclusive with president obama's counterterrorism chief, john brennan. all that on sunday's "meet the press." check your local listings. >>> coming up, the most important player in president obama's war cabinet. overseeing two wars and now taking on don't ask, don't tell. up next, "time" magazine's elizabeth rubin with her in-depth cover story, profile of defense secretary robert gates. >>> follow us online at andrea.msnbc.com and on twitter. host: could switching to geico really save you 15% or more on car insurance? host: does charlie daniels play a mean fiddle? ♪ fiddle music charlie:hat's how you do it son. vo: geico. 15 minutes could save you 15% or more on car insurance. just, out of the blue at 43. now i'm on an aspirin regimen because it helps me live the life i want to live. [ male announcer ] be sure to talk to your doctor b

players entrenched themselves with baseball's elite with players such as ernie banks, willie may, and hank aaron winning gold glove a a a ernie's all-star appearances. but while black talent could no longer be denied, at least in conversation, the fight for basic respect was still very much alive. robinson le t h ititit it probablyelpeern fe. but ther plaho c the tt talent but didn't want p with theabus onhe that vere frowats andsertasant him, were t said to heck and he said eddiey's char was -- was supposed to be a real hitter in this -- they talked about him in the houston organization when he was growing up. and eddie said he was the best playayayn the family. and one brother played with the giants, eddie murrays hame. andharl saideck this. i'm home told stories about unpleasant it oinggh ds whrow oneshemg h a ngang back to es tere s in an so somort of pn. theingy w f thnts up h saion't you t --y y nt to nig and i hiain. whaut l by? lby little? i think the pressure went on -- jackie broke in at 1947 and bob gibson was with the cardinals in the early '60s whenhe m n th pitcher'sng, wotrt

he has tom hanks, will ferrell and neil young on. think everyone should watch it. [ cheers and applause ] i'll be watching what nbc used to call "must see tv." [ light laughter ] you know, there have been three hosts of "late night." there's been david letterman, conan o'brien, and me. and if there's one thing i've learned from dave and conan, it's that hosting this show is a one-way ticket to not hosting "the tonight show." [ laughter and applause ] if you want to ever not host "the tonight show," you should host "late night." well, it's a good thing i like it here. we'll be here as long as you guys want me here. [ cheers and applause ] we got a great show tonight, you guys. great show tonight. my pal, the great queen latifah is here! [ cheers and applause ] oh, i love her so much. she's my favorite. another pal, another pal from the hit show "damages," the lovely rose byrne isoining us. [ cheers and applause ] we have such a special performance tonight from the broadway musical "fela!" everybody, they're here tonight. it's unbeliev

by then treasury secretary hank paulson and ben bernanke. t.a.r.p.upposed to be used to counter the mortgage crisis, not to bail out the big banks. do you believe mccain was misled? >> no, i don't, monica. the night before on nbc nightly news, you may remember john yang had a record that feerchbd john mccain saying because of his experience, he was best equipped to rhett republic arizona. now, in western inventory knack ewe lar, this ain't john's first rodeo. when he suspended his campaign to go back to washington to sit face-to-face with those decisionmakers, now a couple years later, he's telling us he was misled? i have to tell you, this is isn't revision of history. that sounds more like john kerry in 2004 than the john mccain i used to work with. >> and the mccain camp is attacking your spending record. they have a radio ad saying you talk like a conservative, but you spend like a liberal. they're citing your vote for the bridge to nowhere. you supported the 2003 medicare prescription drug benefit. what do you think of those ads? what do you thi

how about hank williams? hmm? gene autoly. waylon and them boys? >> lefty frizzelle.hat's your real name is >> i'm bad blake. i was born bad, when i die my tombstone will have my real name on it. until then i'm just going to stay bad. >> rose: let me just for the audience at home, we've lost because of the satellite and trying to repai with tony so i hope we get him back for some summary observations here. you've moved us to "crazy heart" and the performance for best actor. they include jeff bridges in "crazy heart" george clooney in "up in the air," colin firth in "a single man" morgan free man "invictus" and jeremy rener in "the hurt locker" which we've talked about the performance already. jeff bridges, what was it about the performance that has everybody rooting for him? >> i'm with annette. i've given my heart to "crazy heart" completely. essentially now i refuse to see any flaws in that movie. i don't want to see it again and see what doesn't work. >> rose: do you normally watch movies twice or three times before you write about them? >> no, not before i write,

first of all, we sat back and trying to figure out some caching for you all as tom hanks. and do appreciate that you're opening up all kinds of voices to be heard that are not necessarily heard it through news. so i want to thank you for the. my question is, when would you bring on native american voices that are not just left and right but may also be vertical? >> yeah, mika. i was asking you that this would. >> i have been saying no, i'm not ready. no, we bring on all voices. but the only thing that we don't bring on our people who bs. you know, we kind of have a meter for that. >> we don't do well with the talking points. >> we just laugh people office at when they do the. i'm trying to think, you are off that day. who was the lady i interviewed, chris, and i was just like bye-bye. that's just not going to work. >> not going to say her name. by the way, this is chris over here. [applause] >> when you send e-mails saying terrible things about me, he is the one who reads them on the air. put a smile on his face pics. we are wide open to people who really bring it to the t

we sat back here and we are trying to figure out film casting for you all is glenn close and tom hanks. [laughter] and to appreciate that you are opening up all kinds of voices to be heard that our not necessarily heard the news so i want to thank you. my question is, when will you be bringing on native american voices that are not just left or right but also might be hurt? >> yeah come tamika. i was asking you that this morning. >> i am saying no, i'm not ready. if we bring on all voices, but the only thing we don't bring on our people to be us. we kind of have the meter for that. >> we don't do well but the talking points. >> talking points, we left people off the set when we try to do that. you were off that day. who was the women i interviewed chris and i was just like, goodbye. that is not going to work. >> not going to say her name. by the way this is chris over here. [applause] when you said e-mail saying terrible things about me he is the one who reads them on the air. >> we really are wide open to people who bring it to the table in terms of conversation. the one guy he was al

they come that they are going to come back into a government position and i know ben bernanke and hank paulson are well-known for this. could you talk a little bit about that in any ideas on how that could be stopped through laws or voter action or anything? >> i'm glad you reminded me about the revolving door. i see this happening. i see my friends do this. they dress like me when they are working on capitol hill and i see them two years later and they have really nice suits with a french cuff and offer to buy lunch. the left the capitol to up working for congress and a lobbying firm hired them because they knew that when the friend then calls his old underling on capitol hill to say hey i just want to talk to you about the farm bill, that his old boss or his old bosses colleagues are going to take the call and that is the revolving door. barack obama's said literally, i'm going to stop the revolving door. is white house chief of staff, rahm emanuel-- there is not, as the word for rahm emanuel because welby was working on the campaign is a chief fund-raiser he was getting paid by gold

each hank of her hair is a serpent's obedient wife. she will never recover, remember there is nothing you will not bare for this woman's sake. >> moyers: she was a standout in several programs we produced over the years on the wonders of poetry. >> i was not trained as a poet. i've never taken poetry lessons. i've never had workshops. nobody taught me anything, really much. but i think that we are beginning to remember that the first poets didn't come out of a classroom, that poetry began when somebody walked off of a savanna, or out of a cave, and looked up at the sky with wonder and said, "ahhh." that was the first poem. >> moyers: she learned to love language as a child listening to poems written by her mother, a woman who never finished grade school. inheriting that love of language and the spirit of her mom, lucille clifton wrote poetry of her own for 20 years before she was actually published. but with her first collections of poems, she quickly gained recognition that just kept growing over time. over her long and prolific caree

his story was made into a movie in 2007 starring tom hanks as the congressman.harlie wilson was 76 years old. those are some of the day's main stories. i'll be back at the end of the program with a preview of what you'll find tonight on the "newshour's" web site. but for now, back to gwen. >> ifill: next tonight, the debate over talking to the taliban. the "new york times" reports today that pakistan is offering to broker talks among taliban factions who operate from pakistani soil. but will diplomacy work when nations are already at war? that is the topic of a debate now underway in islamabad, washington and kabul. margaret warner reports. >> warner: even as the u.s. pours more troops into afghanistan-- triggering more fighting and casualties-- u.s. and afghan officials are moving to find a way to settle this eight-year war politically. for years, afghan president hamid karzai has talked about reconciling with elements of the taliban to end the conflict with no result. he renewed the offer at his inauguration in november. >> ( translated ): i am calling on tali

i don't think the corporations had to buy anybody, because people like robert rubin and hank paulsonere already well into the pocket. that is not corruption that is going to be fixed by saying we need public elections. we need a mix, a voluntary mix of public and private elections. that... that's not what fixes it. >> moyers: is corporate advertising free speech, in your judgment? >> well, i think that we should have a system where we can treat the widest range of speech as free speech. i want a world where we can have the broadest range of speech, including corporate speech. including speech i don't agree with. the problem that i see is that when that speech gets read by the ordinary american people as just another way in which congress is focusing on the funders rather than focusing on the people, it erodes the trust in this government. because the point in my view is not whether people's souls have been bought. i don't care if a particular congressman's soul has been corrupted by money. the fact is, the institution has been corrupted, because the vast majority... in california, 90

we had four people in the operating room we were very fortunate as a country to have in place, hank, ben bernanke kumbaya tim geithner and sheila bair the head of the fdic. i know a lot of people and finance and business and government. i cannot think of for that would have done a better job. but to look back of our country's financial system throes of during that period. some of you were in a party i was that in 2008 when the talk, when you have 3.5 four more trillion held by 30 million people on a sunday night are worried about whether they can get their money, that money was half of all deposits held in the banks at that time. you have a panic. you have commercial paper frees up entirely and some of the biggest companies described in the book worried if they would be payable in a short period of time. the sixth largest bank in the country with the maastricht staged domestic deposits and the third largest bank, wachovia, i needed a shotgun marriage on a monday morning and it just arrived this. interestingly the bookstores early september when fannie mae and freddie mac worry essent

mick writes -- hank says -- and craig in tampa writes -- if you want to read more about this, you cano you use internet for banking and stuff? >> no. i don't. >> there you go. >> no. >>> and happening now, tiger woods is returning to treatment at seclusion after his remarkable public apology. the massive investigation into the suicide flight in texas, and the wreckage left behind for the pilot's family. the shock, the grief, and the scars at austin right now. >>> and a 911 call, a mountain of snow and a tragedy of errors. a dying man waits 30 hours for help. you may be horrified by the way it turns out. i'm wolf blitzer. you're in the situation room. for more than 13 painful minutes, the world's greatest golfer finally faced the world and owned up to a stunning fall from grace. tiger woods apologized repeatedly. he acknowledged cheating on his wife, sought privacy for his family and eventually redemption by his loved ones and his fans. listen to one of the more powerful moments from tiger woods' carefully scripted appearance in florida. >> i brought this shame on myself. i hurt my wif

admiral hank chiles was the first navy admiral to ever command all u.s. strategic forces when he assumed command of strategic command. i then was chairing the policy subcommittee and the key task does to try and look at deterrence in the cold war capture as best we could the lessons learned in, but look at to whether any of those lessons might be applied to future conflicts and how we could best utilize them. it was originally a classified publication a restricted distribution, but as fate would have an end this is something i didn't know until years after we have published the paper, someone made a request for a freedom of information act release of it and its redacted version that was released and eventually found its way onto the web and i will give you a reference. the nautilus institute published it. the first same amount of -- let me go back one, here we are. our analysis is that the usual thinking of deterrence concept, strategy a, theory we rejected all of those coming even a doctrine and said quite realistically i think this fits the discussion y

. >> chris what do you say to the jpmorgans of the world, when brought into that room, with hank paulson a favor, because we all know now that that -- you're going to take this money, you're going to like taking this money was to bail out another firm that will go unnamed because they didn't want the firm to stand out. now you punish all of the people for doing the government a favorer? >> i'm not sure they did the government a favor. i'm not sure -- we done live in a system where they were forced to do this. >> they were forced. we know they were forced. >> that's a bit of a stretch. >> no, it's not. >> putting that aside, let's not get into the weeds about that these are institutions we know made terrible mistakes to contributed to the financial crisis that almost brought the system down. >> did jpmorgan do that? >> i don't know if jpmorgan did it or not. >> that's the point. >> this is about vengeance. if that is the way to think about it we're trying to make policy based on vengeance. we need to make it based on what is the best policy for the u.s. economy. >> it's not vengeance. >>

judiciary subcommittee on courts and antitrust, a former magistrate in the courts, subcommittee chair, hank three minutes. the speaker pro tempore: the gentleman from georgia is recognized for three minutes. mr. johnson: thank you, mr. chairman. madam speaker, last week i was shocked to learn that in the shocked to learn that in the middle of the

there was a movie, "charlie's war," in which he was portrayed by tom hanks.as 76 years old. let's check in with jack who has the cafferty file. jack? >> the question this hour, is the recession over in your state? tony writes from tampa, it may not be obvious now, but i suppose the stat tistics will sw a few months from now what i, as a government inspect or, am seeing in the field. namely, that businesses are starting to rehire. people are saying things are picking up again, steadily. that's my report. curtis in kansas writes, i couldn't be happier to be a kansas transplant from california for the last eight years. sure, i miss the housing bubble but i miss the crash, too, so it's all good. the recession is not over here in wichita, but it does seem to be improving. our housing prices don't skyrocket but they don't plummet, either. we're going to be all right. david in san diego, california. yes, we're doing great. thanks for asking. in illinois, the recession is over for wall street bankers and ceos of the big companies that send jobs offshore, charge more

looked at other issues in representative -- and representative hank johnson's office drafted a letter to secretary clinton with details about the use of security contractors as pat of ongoing relief and congresswoman waters is working on haiti debt cancellation bills and representative meek from new york is dealing with a marshal plan on haiti -- a marshall plan on haiti. i intend to ask, from the columbia university, dr. sachs, brief the c.b.c. on future planning and how should new haiti be planned, how should port-au-prince be redone, how should satellite cities be created? because we feel this is an opportunity now to right many of the wrongs that have happened in the past. the house foreign affairs committee will have a hearing on haiti in the next few weeks and congressman meeks will be holding a hearing on international financial institutions and how they can assist haiti. congressman john conyers has been in contact with the air force liaison and he is going to participate when the time is right in c.b.c. members taking trips to haiti to see firsthand what we should do we've be

hank paulson has been out there lately, the former treasury secretary.Ñi guest: i think the big questionons that took place when the u.s. government essentially took over general motors. but most analysts seem to think that with the banks, the u.s. is not only going to get paid back but ahead because of dividends. host: do you think that will change the mood out in the public about so-called bailouts, government intervention? does it increase confidence, do you think? guest: it could. one thing -- i think the dilemma is that while the bailout of the banks on some levels has worked and that you're not seeing the big banks spiral downward as you were in the fall of 2008. as we spoke aboutñr earlier, we haven't seen credit -- we -- it hasn't become easier for small businesses to get credit. that's what people on main street want. they were sold on the idea that was going to happen through the tarp and i think that's why the and iris out there, that the economy is still deplorable and workers are losing jobs and can't get help and read about the big bonuses. you can look at that that the tar

that once they come back they are going to come back to a government position i know and bernanke and hank paulson are well known for the street to talk about that and any idea on how that could be stopped through laws or volker action? >> i'm glad you're reminded me about the revolving door. i see this happening and i see my friends to this. a dangerous kind of like me when they are working on capitol hill and then i see them two years later and the of nice suits with french cuffs and they are offering to buy me lunch where they want because they left the job working for congress and a lobbying firm hired them because they knew when the friend calls his capitol hill to say just want to talk to you about the farm bill that his old boss is going to take the call and that is the revolving door. barack obama said i'm going to stop the revolving door to greet his white house chief of staff is rahm emanuel let's see it's almost not the right word for rahm emanuel regarding the revolving door because while he's working for bill clinton's 1992 campaign as a chief fund-raiser he was getting paid b