for more institutions that are called sestak. so right now since the creation the fdic knows how to take over failed small banks. the biggest it did was maybe washington mutual. 50 billion or whatever. now the fdic is in charge of in theory taking down bank of america if need be. we are asked to trust that in a crisis or not in a crisis the fdic which has the authority to do this and is probably the best will actually result, create some kind of process by which creditors will somehow be paid the essential functions would be maintained somehow and like they do for the small banks for the depositors are paid and a sell-off the pieces they would create a better bankruptcy than lehman brothers that's a drag on for four years and we've wasted everything that was even there. so whoever is deemed systemic we are not there and get but it could be any time they are charged with resolving them so i'm on a committee that is meant to advise on this process in the kennedy with people like paul volcker and a number of other people. we need no

society, a rogue for dhaka see terrorizes the nation it wins 99.5% of its cases, 97% without a trial sestak is the judicial debt and whether or not the guarantees of individual liberties in the bill of rights, 48 million americans have a criminal record and there is minimal general recognition of the evils of the system. at that point you have a foot note saying that in 2005 you were charged with 17 counts of financial and related crimes and in that spending three years and two weeks in prison in florida. what is your status when it comes to the u.s. and the judicial system? >> well, there with the 17 counts and either of them were abandoned or rejected by the jurors were unanimously vacated by the supreme court of the united states. but in a very perverse manner that would not be -- wouldn't occur in any other sophisticated country. the supreme court having vacated the accounts and excoriated the lower courts for among other things, and i quote, the madame justice ginsburg, the affirmative invent of wall remanded back to the lower court that task of assessing the gravity of its own errors