stephen lubben is a law professor at seton hall university. joining us, professor, you looked at how the new regulations would handle a situation if a big bank like bank of america were to fail. are regulators any better prepared to deal with the big bank going bust today? >> they're slightly better prepared. but just slightly. >> tom: and how are they better prepared. >> they have that facility. most importantly, the -- for the financial institutions that it had before but it still doesn't have control overt entire -- >>. >> tom: why is it porn to have control over an entire financial institution especially big banks if they get in trouble. >> they were designed from inception as a coherent hold but the problem is when they fail they get pull add part into their legal parts and makes it very difficult to actually save any value. >> tom: what threat-- you take the good stuff that a bank still owns, has value and put that and take the bad stuff into a bad bank is that still a strategy in your mind that still works, if you have done your analysi