mr. turner. -- let's move on to hedge funds, mr. turner. what were they registered before, or were they at all? and why is this necessary? guest: the sec, back in the first half of this last decade, tried to pass rules that would have required all the hedge funds to register with the sec. was reason the sec did that i about a dozen years ago there were about four dozen or fewer a hedge funds and now there are 8000 + and they have a big impact on the market. and they do have an impact on the value of the stocks and bonds. a lot of the money out of these institutions have gone into those hedge funds. you may have knowingly or unknowingly had some money in those hedge funds and they would avoid regulation whatsoever. the sec tried to regulate. they buy challenged in court and lost. congress came back in and said we are born to stop that argument. we going to give the sec authority to make these people registered and give transparent information about them so we can see whether what they are doing is appropriate and above board. i think it was

mr. turner, that teacher with the long hair and motorcycle. [ laughter ] and then, eric studies for so longakes a break and goes outside and gets a deep breathe he's like -- get this, get this -- he goes, 'ah, fresh h20.' get it? it's funny 'cause h20 is water, not air. ha, ha, ha. in conclusion, they gotta bring back 'boy meets world.'" [ cheers and applause ] amazing that he can convey that in one quick glance. he loves "boy meets world." and finally, one of the most common obama expressions. it's from a recent g-8 meeting. it's called the, "this gonna be best flomax commercial ever!" [ laughter ] there you have it. those are some great facial expressions. [ cheers and applause ] stick around. we'll be right back with "audience suggestion box." [ cheers and applause ] ♪ you want to make a big screen... bigger. and you want to make a long flight... shorter. and you want to relive every little detail. and you want to rediscover something you've seen your whole life. and while you want to share this live with a friend, you want to share this... with everyone around you. you've always dreamed