very colorful and interesting to hear your perspective we really appreciate your great thanks terry tucker that was he's author and executive editor of law's a fair books and while we're talking about regulation we did catch up with members of occupy the s.c.c. the bank lobby antidote is one way you could think about them after they had worked on the hill monday talking about the volcker rule now since we last had them on this show we've gotten some news we've had clarification on how long banks have to comply with the rule and the london whale of course made a splash and headlines about proprietary trading so i had a chance to ask them about both. i mean aren't k.-street this is the symbol of washington lobbying and according to the center for responsive politics wall street as an industry together with insurance and real estate is the third biggest spender now one of the more recent efforts have been working to influence or postpone the regulation this is what's supposed to keep banks federally insured bank from betting for the house what's known as proprietary trading now another group