larry katz has done service and i do not remember the precise data of the percentage of harvard graduatesto find them sells -- who find themselves in a particular job. that was highly related to the compensation. i am not sure the total benefit to the broader society means that was entirely a step toward greater economic efficiency. >> let me point out that my alma maters specialized in madison. -- in medicine. speak to financial reform. >> i got a call from the head of a few banks who said they were not sure they could open on monday. they asked what they would do. i'd think lowry and tim and hank paulson and a bunch of people here and you could second-guess some of the things they did. that sunday morning, things did not know how things would turn out. they had to make big decisions. you have to err on the side of trying to throw as many things at the problem as you can and hopefully one of them will work. i think history will show that they got this country for a very difficult time. my perception of all of this financial crisis is -- i don't mean to make light of the people lost their

larry katz who is here has done surveys. don't remember the precise data on the fraction of harvard graduates who find their way into finance, and it changed in a revolutionary way from 1980 to this decade. you know, that was highly related to the expense. i'm not sure that the total benefit to the broader society means that that was entirely a step toward greater economic eefficiency. >> let me point out, my alma matter -- mater, a lot of them went into medicine. >> let's speak to the financial markets and financial reform. >> larry is right. i got a call from several banks that said we're not sure we can open monday. what can you do to make sure washington understands how serious the situation is? and i think larry and tim and hank paulson and a bunch of people here. today you can second-guess some of the things that paulson and gitener -- geitner did. i think history will show they really got this country through a very difficult time. my view of this financial crisis is -- and i don't mean to make light of those who lost