one name who has been taken -- who took his name off the table as a possible replacement is larry summers. laurencemers. talk about him as we show folks a pictur of him there with the president. guest: so he's been a lightning rod in terms of the potential for him as a candidate. has very little to do with his policy. in fact, the media noise around larry summers has been exclusively because of his personality. politically, though, there were some issues with the liberal contingent of the democratic party. because of larry summers' role in deregulating the financial markets. there are some who thought that that role actually led to the financial crisis. now, larry summers has come out, said he would be strong on regulation going forward but his past kind has caught up with him here at least in terms of liberal democrats. he is a breath of fresh air in terms of the financial markets because what it is avoiding is a contentious and acrimonious confirmation process, when we're dealing with the threat of a government shutdown and the debt ceiling being raised, the last thing we needed was to have a con