for more on that we're joined by former fdic chair and founding director sheila bair happy friday it'shave you >> thanks. >> it's unclear maybe what exactly comes of this. but what are the top things that you think should >> right well, i would prioritize really shortening the settlement cycle for two days the core with the disruption and the havoc created when robinhood had to suspend trading was a margin call in the centralized -- the entity that does centralized clearing. there's a two-day float. there are two days before when you do the trade and you actually get your stock or get your money and that creates a risk for the centralized counter party. and they have to make margin calls. the risk of the other side of that trade defaulting increases. if we went to a real time settlement, you wouldn't have the problem. the technology is there to get there. shortening the settlement is important even from two days to one day would help a lot with this centralized exposure that we have that can lead to these destabilizing margin calls we probably need more transparency around the margin i

. >> sheila bair >>> the other big sthoory, jeff bezos is stepping down you have known mr.fe >> i know it's fair to say i spent hours talking to him over recent years we do sit down at least once a year around aws, andy jassee so some perspective on what this means for amazon, really in jassee you have somebody who i have consistently seen process an organization emphasized and what he talks about and in how he leads and there is this sort of stra into focus the organization and a pressure to innovate around the customer sort of as a proxy for competition. because he would point out, amazon was pushing on him six years before others started paying attention, so what they've tried to build was this internal pressure to get better, even in the absence of external competition. i talked to him about why, for example, they kept lowering prices and reducing margin even when competition, itself, didn't demand it. here's what he said. >> we're much more focused on the long-term than most companies. we are trying to build a business and a set of customer reason customers get more do