c-span: let's talk about steve iseman. where is he from, where does he live? guest: steve iseman, who i'm led to by meredith whitney because she trained with him. she was the school of iseman in a way, was a new york born and bred, had gone to university of pennsylvania, been a brilliant student, went to harvard law school, brilliant student, joined a corporate law firm, and hated it immediately. and so-called his mama, as one does when one is in trouble and his mama was a -- and father had a -- they were both prominent brokers at oppenheimer securities, and his mama got him a job, and it was a job as a step and fetch it. a junior analyst. but analyzing nothing at first. and in the mid-'90s, when he joins, subprime mortgage market is really just beginning its early form, and there's a new kind of company called a subprime mortgage originator, people looking for borrowers. and someone asked him if he wants to be the analyst on it. so he becomes one of the first two or three analysts, the subprime mortgage companies, on wall street. and pretty quickly is the wor