happenedn the mortgage market om the creation of these exotic packageso the fraud that hpened at theround vel. we're gog to look at what regulators did o did not do as our nancial system transformednd its risks grew exponentlly. but the one ing i want to say is i thk we have a very important role her because everyone has tir theor about what happened everyone has their ideologil proach to what's the best way to fix this system. buwhat the american financial system i like is a patient who hasad a nea death experience, a massive heartattack. and what we are about is undertaking the diagnosis, the ll medicalxam that hopelly will give the public policy makers andeople in th mketplace aood historical accounting based on facts of what led to the meltdown. >> rorter: through are you too lay in that? beuse a lot of people already are their diagnis. they say look it's ry clear, fannie mae, freddie mac,the government created this probleovernment regulation made it worse. the other sideeople y it'she market, these gs were out of control, they clearly need me regulation. sounds like people already kn why