he said tim geithner has the hardest job since alexander hamilton.hink it was his quote on the record of what tim geithner had ahead of him. and so, they were just figuring out how to do this and how to get us out of the hole we were in. i think he was tickled by the fact that i made a treasury secretary saying. and that song was from his perspective. he also performed it from his point of view so it got a laugh about halfway through. charlie: where did that idea come from? aaron burr's perspective? tea leoni:>> we have the antagonist narrating the story. that was immediately where i went. that said at the very difficult task of figuring out who aaron burr is you is a villain in history. i learned a lot about his life and i have to find my way and because there are a lot of biographies. gore wrote a historical fiction novel. his is a lot craftier than mine. one of the things i learned is that he is an early feminist. his daughter received an education greater than any man of that era. he was very close with his wife and his daughter. he was on the so

sanctions that were imposed, the toughest ones under this administration by tim geithner when he wasreasury secretary? those are the banking sanctions that really bite. >> well a lot will depend on whether this is part of a deal that congress views as a good deal. i think if congress comes to the conclusion this is not a good deal, the administration has given too much iran has given too little then you will see additional legislation that attempts to tie the president's hands. there are some things the president can do through his executive power, but i think ultimately lifting all the sanctions would require congressional approval, and president obama has acknowledged as much. it's going to be important to show this is a deal that carries on well into the future. ten years to me seems like an awfully short period of time. inspectors need access to old sites and new sites, where we're not sure what kind of work is going on. it's going to be important these sanctions can snap back into place quickly. these are some of the key remaining issues left to be ironed out. i think if they're

been larger more powerful banks that had been sustained by banks and subsidies -- >> do you knew tim geithner knew enough hank paulson knew enough at that time for that -- in other words it was a panicky time, 2007 and so was 1929 by the way. >> theodore roosevelt asked them to fix it with treasury money. it was bigger in 2008. the main constituents was the banking system and the argument was that without the banking system to be saved in this manner everyone would come to their atm machines and couldn't get money out. the reality was, the contracts with aig could have been preserved with far less government money than was ultimately spent, because it wasn't this $700 billion bailout, it is a multitrillion dollar policy that is still going on. if we really firkd it it would not have still been going on and it wouldn't have been so global. >> if we agree with you or not agree with you, it is still a great read. nomi prince is a fellow at demos, the hidden alliances that drive american power. coming up, the college students who say they're stuck with worthless degrees and tons of debt from a fa

delved into his schedule, and found that he saw her only once, and it was a joint meeting with tim geithner. gosh, president obama didn't even care what was going on with obamacare. wrong again. turns out cabinet secretaries who regularly visit the white house do not always appear on a visitors log or get listed in public schedules. kathleen sebelius did visit the white house tons of time during that time period, despite what peter schweizer and his institute made up and convinced oftentimes reasonable outlets to print as if it were fact. so that's peter system chweizer and his research institute they're back in the news. he's releasing a new book on may 5th called "clinton cash" the untold story of how and why foreign governments and businesses helped to make bill and hillary clinton rich. the book reportedly delves into the donations giving to the businesses helped to make bill and hillary clinton rich. the book reportedly delves into the donations giving to the clinton was secretary of states and looks into whether she did any resulting favors for the people making those donations. the o

european sanctions, most of the tough ones under president obama and former treasury secretary tim geithnernd they affect the oil and banking and financial sectors which have been so tough on the iranian economy. this is what he had to say. >> you have developed personal respect in the process. we have a very serious problem of confidence mutual lack of confidence which we need to address and we hope this process will remedy some of that. >> what he said when we asked about the sanctions, it wasn't a question just of timing. i said is it the timing? he said you're putting words in my mouth. i didn't say that. he said that there have to be all of the sanctions lifted at the -- he said all of the sanctions have to be lifted but there is a process for how that would be done. i think they are going to announce or explain later some sort of mechanism where there will be a vote or trigger on the sanctions and it may be at the u.n. chris hill thank you very much for your expertise. this is going to be tough. it's going to be a very tough political road. but thanks for being with us today as all of

. >> it is being run by my old pal, tim geithner. a shout out, get more women.putting the heat on them. bob, stay with me through the opening bell because we have a much -- much more ahead. a strategic overhaul at deutsche bank. investors appeared to be less than impressed. we will be back in two minutes. ♪ betty: time for our deep dive, focused on number five deutsche bank. the biggest revamp since go ceo's is took the helm. hans spoke with him earlier this morning he was optimistic as you might expect. >> he will see stronger in equities than we have today. you will see a considerably stronger corporate finance and a smaller flow of extension house. less transactional and more divisor he. betty: i want to bring in allison williams, a senior analyst with bloomberg intelligence who focuses on the banks. we have seen the ceo's's and they say they are setting up deutsche bank for a stronger future. we saw share price. investors are skeptical about this. allison: investors like the targets. i just think we need a little more detail on how they will get their. we're

whether the unilateral sanctions that have been imposed mostly under this administration, under tim geithner'09 and 2011 whether the sanctions should be lifted. not the u.n. saxnctions that they said, should they be suspended or phased out. also talking about the fact that as it was said today at the reporters at breakfast, it looks like what will be announced is less than -- just what has been agreed to what has not been agreed to still what has to be done by june. as you you pointed out, it was self-imposed. they made the deadline because of congress and now they're stuck with it. >> andrea, thank you very much. it looks like there will be some sort of conclusion today. and then the controversies will begin politically. >> according to "the new york times" and other reports and richard, the president and the council of foreign relations seem to be running circles around us substantively and playing the press. >> in terms of the negotiating strategy it looks like the americans have been -- that may be partly because president obama wanted a deal very urgently, maybe because secretary kerry

we have seen tim geithner's book come out.sk that bernanke has waited too long for this book. that he waited to deliver this book. i think there will be a lot of interest in what he has to say. personal experiences, tough moments. it comes out in october. we have been knocking on his door, asking for an interview. the message we have gotten is wait for the book. matt: maybe he will come for jobs they annual only 10 bucks. -- in you will only 10 bucks. peter cook, always a pleasure. we will take a quick blake on -- a quick break on market makers. i spoke with a billionaire on monday. olivia: about guns and hunting. matt: i bought a compound bow while i was there. we'll show you that interview. ♪ olivia: still to come, who has a bigger -- the network that put together saturday's big fight. matt: not just another store for hunters and fishermen. who else but bass pro shops opens up a store in the sixth business -- biggest pyramid in the world? i spent 24 hours there but i couldn't spent a week -- but i could have spent a week. ♪

tim geithner is over working for pincus. stephanie: larry summers.turn down an invitation for golf etiquette is the. ben bernanke, you're not alone. erik: when we come back, we will be talking about cocktails -- stephanie: and building an empire. bethenny frankel has done it all in just a few years and it started on bravo tv. stay with us. you are watching bloomberg. ♪ erik: a busy day for ipo's debuts. esty has started trading and now it is virtu financial's turn. let's go to scarlet fu. scarlet: they opened a $20 apiece. they ipo'd at $19. they are at $22.67. that's pretty good. as you mention, party city and etsy flying pretty high on their initial day of trading as well. they had a shock after michael lewis's came out with "flash boys," which was bad pr, but by delaying, it worked a better because the stock index at near record highs. stephanie: i would say that that is an understatement. scarlet fu, giving us the news. now bethenny: is back. i am talking bethenny frankel. while she has hit some challenges it has not stopped her from starting a n

. >> caller: i watch tim geithner on your network a few months ago and had to turn them off before i had a stroke. so i would like to hear from a very intelligent defender and reformer of the system holidays. i mean i accept too big to fail. why couldn't the individuals responsible for running those institutions in the ground have received savage punishment? maximum-security confiscation of absent and how can the system ever regain credibility as they keep getting away with it? >> guest: thank you for your question. the reason i was too big to fail and the reason we had t.a.r.p. in the bailout are things people are alarmed about morally is because there was so much fear. economists didn't know whether or not the atm machines were going to stop working. i don't mean atm machines for rich people. i mean for you and me. that is something that stimulated both among republicans and democrats the will to do something like t.a.r.p. when there was -- when there were activities that were improper when there was this legal and moral impropriety, we need rectification. we need a responsibility.