mike crapo passed a piece of legislation.n't like every piece of it, but overall it was rather moderate effort to make some changes to the bill and candidly of always said we didn't write the 10 commandments in 2010, we wrote a bill and their amendments i took and agreed to. clearly changes in the benefit of 10 years we can look and see where we moderate that to some degree and make it work better. i believe fundamentally we provide the tools necessary in this environment to minimize the danger of a major financial collapse such as we saw in 2008. erik: lessons from the fall. what we learn from a financial crisis and what do we still have to fear. this is bloomberg. ♪ erik: you are watching a special life after lehman addition of bloomberg best. so much has changed in global finance since 2008. much of it in response to the collapse of lehman brothers and the crisis of ignited. some problems remain unresolved and other issues are the unintentional consequences of solutions in post 10 years ago. the crisis is a longtail and we