they did not have anything that definitely showed stephen cohen knew what was going on, even of circumstantialvidence looked quite bad. they ended up charging the company instead, sac capital, and mr. cohen ended up paying almost $2 billion in fines and the hedge fund was shut down. he can return to the industry in 2018 will stop i would argue that this story is important for everyone because we all have money in the stock market now. americans have largely been pushed to put their retirement savings in the stock market. what you see through this story is there are two markets. juan: is the moral of the story then, unlike a previous era when others were convicted that the biggest of these wall street giants now have figured out a way to get around the law? >> after the financial crisis, the same thing happened. we did not see any senior-level bankers even facing the possibility of going to jail. they largely resolved the criminal activity from that scandal through fines. i think this has caused a lot of frustration for the american public -- amy: clearly, steve cohen's lawyers were very good.

. >> stephen: who is lenny cohen and where did the role come from?'s arm. >> stephen: yeah, didn't chop their head off. >> no, no. she's ten forcer for the mysterious bad guy, imposters. it's a black comedy about scammers and hustlers and con artists. >> stephen: actors are con artists, aren't they, in some way? >> on a good day. >> stephen: what's a bad day? bad day's a bad con artist. >> stephen: you get caught. yes. >> stephen: are you an enforcer like lenny is in real life? are you a heavy around the house? >> not exactly. >> stephen: do this or i'll break your elbow? >> no. there is testimony about how i am not. ( laughter ) >> stephen: you're a softy? yeah, i'm a yes mom. >> stephen: you're a yes mom? yes. >> stephen: that's nice. did you have that kind of upbringing as well? were you kind of like a free-range kicken? ( laughter ) because i was. i was the last of eleven. my mom is, like, ten fingers and toes, you're good to go. go play. >> so free range. >> stephen: i was allowed to do whatever i wanted, go off in the woods. >> i think there wa

gary cohen is the adult in the white house. >> white house policy adviser stephen miller repeated presidentrump's evidence-free claims of voter fraud in new hampshire saying people from massachusetts were bused in by the thousands. tom wrath, a former republican attorney general of new hampshire said today it never happened. listen to fergus cullen, a former state republican chairman of new hampshire. >> the idea that people are coming to new hampshire to commit fraud on a massive scale like this is just preposterous. it needs to be called out as untrue. >> yeah. and steve miller did not back down at all from it. he was pushing it and pushing it, which also adds a little twist to the question of whether flynn would be in trouble for lying per se. steve miller said things on television this weekend that were demonstrably false and he was praised by the president. it's hard to know whether the allocation of jobs and praise is really about standards or if it's about favors or just the personal relationships with trump. if you watched steve miller during the campaign, this is the kind of guy he

stephen mnuchin getting the treasury secretary job. many are surprised. he is not this hank paulson statesman leader of men, but within the trump white house, you do have gary cohen. you put out a piece, former president of goldman sachs, who is gary and what is his role going forward? we haven't heard much of him thus far. >> by default he's been the point man. i say by default, not that he doesn't have ideas, he is. trump indicated that will not be a cabinet level position. he hasn't filled the job. treasury secretary not confirmed, although mnuchin is engaged and ready to roll as soon as possible. the affordable care act, the repeal and replace, it's taking longer than originally expected. he's looking at infrastructure spending. he convinced him to bring on private industry and partnership with the government because it was too much to be on the government balance sheet. he's ticking off a number of things that are key priorities, but there's a number of things to be done. >> until he rolls out the plan, what position are they in? these are real guys with real careers in their past. when they have to sit there day in and day out and watch as stephen miller go

stephen miller could be the exception to that. he is profiled in this week's bloomberg businessweek. and bill cohen he has a new book called "why wall street matters." wide changing incentives could be the key to financial reforms. the president's is billing it as his biggest speech yet. donald trump will give a speech to a joint session of congress tonight. he says he will highlight his plans to increase defense spending, law enforcement spending, increase infrastructure spending, and cut government programs. let's get to shannon pettypiece. there is so much expectation from wall street and investors that they will get details tonight. what are members of the president stopped saying about how detailed address we are going to get tonight? shannon: there are so many questions and uncertainty. still a lot of things that need to be worked out before we can get the certainty that wall street is hoping for it on the budget, they outlined yesterday this so-called skinny budget, but it was only at a high-level level look at defense, nondiscretionary programs, foreign aid. we still don't know the tax plan