by vice president joe biden. >> narrator: senator ted kaufman was a co-sponsor of the bill. he was an unusual senator. >> when this particular term is up, what are you going to do? >> oh, i am going to leave. i would never run for office. >> narrator: appointed to replace senator joe biden, he had taken no campaign money and was beholden to no lobbyists. >> i want to see people who have committed such fraud and the havoc it's caused this country... frankly, i want to see them go to jail. >> narrator: in early 2009, kaufman joined his colleagues on the senate judiciary committee to discuss bolstering the fbi and justice department's financial crimes units. >> i'm going to ask some questions to each of you. >> my feeling and senator leahy's feeling is that, you know, if you're going to stop crime, the best way is to punish crime, and the best way to do that is to put people in jail. >> senator kaufman. >> narrator: senators were surprised by how unprepared the government was to investigate wall street. >> the deputy director of the fbi gave incredible testimony. >> after 9/11,

jeff konoton goes back into government because his old friend ted kaufman takes biden's seat. and their whole ambition is to make wall street pay. and they try. >> jon: done tell me how it turns out. i don't want to know. i bet at the don't get away with it. stick around for a little bit though, okay. >> sure. >> jon: it is beautiful storytelling. it is like stud turkley but with a ken burns. the unwinding, on the book shelves may 21st. !fhobo1oqodoíododo%opo

jeff konoton goes back into government because his old friend ted kaufman takes biden's seat. and their whole ambition is to make wall street pay. and they try. >> jon: done tell me how it turns out. i don't want to know. i bet at the don't get away with it. stick around for a little bit though, okay. >> sure. >> jon: it is beautiful storytelling. it is like stud turkley but with a ken burns. the unwinding, on the book shelves may 21st. oe.#)Ç-d >> that's our show, join us next week. >> here is it your moment of zone. >> the attorney general failed to answer my question about what the -- >> gentlemen, gentlemen. >>> to  ♪ chappelle's show, chappelle's show ♪ ♪ chappelle's show ♪ chappelle's show ♪ chappelle's show ♪ ow! ♪ whoo-hoo-hoo! ♪ whoo-hoo! ♪ yeah, yeah. [♪...] let's start the show. [♪...] man: dave chappelle...! [cheering and applause...] [♪...] damn, that was nice. thanks, y'all. oh, be comfortable. relax, everyone. thanks for coming out, man. this is... you guys are so nice. make you feel good, havin' your own tv show. that's a good thing, when you have

jeff konoton goes back into government because his old friend ted kaufman takes biden's seat. and their whole ambition is to make wall street pay. and they try. >> jon: done tell me how it turns out. i don't want to know. i bet at the don't get away with it. stick around for a little bit though, okay. >> sure. >> jon: it is beautiful storytelling. it is like stud turkley but with a ken burns. the unwinding, on the book shelves may 21st. george packer, everybody. >> that's our show, join us next week. >> here is it your moment of zone. >> the attorney general failed to answer my question about what the -- >> gentlemen, gentlemen. >>> to captioning sponsored by comedy central >> stephen: tonight, an unexpected treatment for heart disease. so if you're having a heart attack right now, stick around. [laughter] then is the government meddling in our private

senator ted kaufman spent part of his time in congress warning about high frequency trading. trading firms are currently locked in a technological orange race the result in some big disasters. and the dentally he made this warning just a few months before the crash in two thousand and ten producer bob inglis and i have a chance earlier today to speak with eric's got him sader is the founder of man x. i first asked him if he agreed with senator kaufman characterization of the competition between exchanges and the firms as an arms race meaning that the two are continually having to up the ante in terms of bandwidth and speed and here is his response. there's not really. exchanges. trading there kind of. relationship. the arms race to going. is trying to it's almost a gentleman's agreement. he sounds you. to agree to a speed limit. and we kind of see this because every time the nicely does a capacity upgrade nature of two firms kind of spike the capacity when they just kind of push up against a glass ceiling but do they sometimes break it does that ever happen you know well when

opportunity as a freshman senator to preside more than i'd like to, i used to see then-senator ted kaufman would come down to the floor and almost every week talk about a federal employee. and when ted, who had served as -- as a staff director to joe biden for close to 30 years when he left the senate, i got to inherit that responsibility from him. and while i have not been quite as consequence enhusband is as senator kaufman -- conscientious as senator kaufman, i've tried to make sure i come down on a regular basis and call out federal employees who deserve recognition. including even certain federal employees who work in the senate. today i want to take a moment to recognize three federal employees who particularly are relevant to the debate we're having about budgets because one of the issues we all have to recognize is we've got to find ways to make our federal dollars go farther. so i want to recognize three federal employees who happen to be virginians who are working to make our government use data better, to improve accountability and transparency. and these are individuals that as

that we develop a set of recommendations that became the basis of legislation in 2010 that senator ted kaufman, a champion and was able to pass. probably the most important element of that legislation was moving at the time treated from election day to the culmination of the convention at which point the government would actually provide official transition support for the party's nominee. and part of the purpose there is we believe that it was important to flip the switch, to move the presumption to being one that did it in the dead of the night to you did a public would because as part of your responsibility. and the romney campaign, romney transition project was the first to operate under that new legislative environment. and in 2012, in may, we have a great pleasure of meeting governor leavitt, chris, if you other folks from the romney campaign to try to help them connect them to people who understood how best to run transition and help in any way that we could. in full disclosure, you've already signed up for may 2016, and it really is important to quickly that the work that's been done h