absolutely that position to the top ranks of mckinsey.what do you think is really gone into the subject? that is the question everyone wants to know. why? >> i think you know there were a number of factors. you have to remember that rajat had built up his career in the hinterlands in a way. he had been in chicago and late in life, in the late 90s he comes to new york and he is thrust into this new world. it it's a bit of a bright lights big city phenomenon. henry kravitz and hank paulson and you know i think he in some way looked at his 30-year career as a mckinsey salary men and said what do i have to show for it? and it's very interesting, all of the dissent if you will happens after he steps down from the helm of mckinsey. he becomes closer to rajat -- raj some 11 in 2005 than in 2004 he gives this talk at columbia. i have watched a tape of the talk and you have the sense of a man really casting about trying to figure out what was he going to do. how was he going to achieve a new high and i think he was really struggling. >> so, that s

mckinsey and company, very well regarded consulting firm found that 40% of employers will probably stop't working and i would note that there is a growing bipartisan consensus as the facts have come and, the american people have kept an open mind, have looked at the bill and have seen that as it is being implemented it's not working. it's hurting the economy and it's hurting jobs to get according to an abc washington post poll, in 2010, 74% of moderate and conservative democrats have a consistent number of democrats that describe themselves as moderate or conservative in 2010. just 46% supported obamacare degette we have seen the lead senate author of obamacare to a senior democrat in this body describe obamacare as headed towards a, quote, huge train wreck. we've seen it over and over unions which supported obamacare turning as the realize the consequences. so in april, the united union of the water approvers and allied workers called for, quote, report of the affordable care act to protect our in four years, our industry and our most important assets of members of our family. mr. pres

and he is the beautiful writer, very eloquent, a very smart man and he laid out plans they that mckinsey, during thes and 90s and the tension between the two different generations and i think raja can out at night successful. >> cheri brenda, i am asian the got indian. very obvious. you're comment please on alice would have been brought about by basel iii. >> i'm not sure the transparency would have affected these insider-trading cases. a and not sure how that would have affected it to be honest with you. >> raja gupta. i am curious to see more from you about raj rajaratnam and his motivations and the dynamic of in and his family and all so raj rajaratnam who is now facing prosecution. what do you think is going to happen if you have any comment? >> raj rajaratnam to use his own words would say i am a rogue. i am a rogue. that is what he was. he liked to push the envelope wherever he could, like to play people there was this episode in a relationship between raja gupta and raj rajaratnam where at the end of 2006, raja arranged a high interest loan for his friend and they are part of a co