they need to be restructured right we companies got to go about us and they go into receivership they reorganize the rest it's old and it's taken over is going concerns that of one of the profit group that's a common cause event in a cow. it was economy if it didn't happen we wouldn't have dynamism the economy in general has when it comes to banks that happens when their own small style with their non-systemic in it will do exactly the same thing that's regular out of the prada uses you'd know if a new cycle of banks that have been shut down for mortgage or various religions in america. we stop doing it when it becomes systemic and that's the trouble because we get to systemic problems what's caused the level of debt in the first place we have to say ok businesses them excel you have to do that at a systemic level and then write it off but do not lose that the deposit is lose their money the big mistake for the right to question was living that a lot of those in those banks so you just heard a lot of them talk to others money with them and that's why the process was so deep back then

progress they've made and if they haven't fats fied the judge the judge could put the department into receivership. >> have you ever tried to chase down a cab with someone else in it? now there is an app for that. we'll ride along with a function that can help you share the fare. >> and there is an overnight kpligs amtrak hasn't fully explained. >> the 20th anniversary of the oakland fire storm approaches. >> and there is a san francisco woman never leaves the city but ends up with a parking ticket in new york city. >> closed captioning brought to you by mancini sleepworld. >>> sant aa clara county district attorney completed an investigation into accusations that baseball players raped a teen-aged girl. the d.a.promised that he'd take another take a look at what happened at a party four and a half years ago and will release results tomorrow. the previous district attorney declined to press charges. the victim sued them for $7.5 million but the jury decided players were not liable for assault. the district attorney will announce his decision at a 10:00 a.m. news conference. >> several agencies inv

at the individual one-off poorly managed institutions have to be put into receivership. we don't care how big they are. they need to be put into receivership and resolved in accordance with the fdic's rolls which are very, very much like bankruptcy. some people call a sufficiency bankruptcy and that's an accurate description because the same claims priority with equity shareholders and unsecured creditors taking the losses if the institution goes into resolution. so it's a tough love. i think if people read a lot they will see that. we've toughen it up more and implementing rules. for instance, dodd-frank does give the fdic ability to differentiate among creditors, but with a straight claims priority similar to that if you have a bankruptcy. there's discretion as the reason bankruptcy. it is necessary to continue operations in the franchise. each day employers, vendors, security people come the people that all blondes preview can make those creditors hold to maintain essential operations. you can also differentiate what maximizes recoveries. again, similar to what you ha

at the individual one-off poorly managed institutions have to be put into receivership. we don't care how big they are. they need to be put into receivership and resolved in accordance with the fdic's rolls which are very, very much like bankruptcy. some people call a sufficiency bankruptcy and that's an accurate description because the same claims priority with equity shareholders and unsecured creditors taking the losses if the institution goes into resolution. so it's a tough love. i think if people read a lot they will see that. we've toughen it up more and implementing rules. for instance, dodd-frank does give the fdic ability to differentiate among creditors, but with a straight claims priority similar to that if you have a bankruptcy. there's discretion as the reason bankruptcy. it is necessary to continue operations in the franchise. each day employers, vendors, security people come the people that all blondes preview can make those creditors hold to maintain essential operations. you can also differentiate what maximizes recoveries. again, similar to what you ha

at the individual one-off poorly managed institutions have to be put into receivership.we don't care how big they are. they need to be put into receivership and resolved in accordance with the fdic's rolls which are very, very much like bankruptcy. some people call a sufficiency bankruptcy and that's an accurate description because the same claims priority with equity shareholders and unsecured creditors taking the losses if the institution goes into resolution. so it's a tough love. i think if people read a lot they will see that. we've toughen it up more and implementing rules. for instance, dodd-frank does give the fdic ability to differentiate among creditors, but with a straight claims priority similar to that if you have a bankruptcy. there's discretion as the reason bankruptcy. it is necessary to continue operations in the franchise. each day employers, vendors, security people come the people that all blondes preview can make those creditors hold to maintain essential operations. you can also differentiate what maximizes recoveries. again, similar to what you hav