"if federal bank examiners determine your bank to be undercapitalized, the bank's board of directors should?" goldman sachs wrote, "flee the country." [ laughter ] state street of boston said, "shred documents." [ laughter ] and capital one said, "eliminate eyewitnesses." [ laughter ] actually, none of these is correct. the correct answer is, "issue common stock". now, question 30, which most banks got wrong, really has no one correct answer since it would vary with each bank. we asked, "in the event of a nationwide run on the banks, how much in total cash assets does your bank have on hand to pay depositors?" bank of america wrote, "not enough, that's for sure." [ laughter ] citigroup said, "geithner sucks." and gmac answered, "taxpayer bailout." [ laughter ] as you'll notice, that last answer doesn't make sense, and that's because gmac apparently answered, "taxpayer bailout" to every one of the 50 questions. although that did turn out to be the right answer to 30 of them. question 41 tripped up a few banks. "given their historic underrepresentation in banking, women should be encou

there was one serious problem with those banks, undercapitalization.hole capital rule was incorrect. they took base two. the last five years were terrific years and you got a very, very real unreal capital requirement. so i would say let's focus on that. let's make sure the banks have enough capital. let's have an agency that really knows how to scrutinize. i don't care if you call it a super agency or something or other agency, anything you call it, it should do its job. >> you need to take the other side, what do you want -- president clinton. you can do climate change, health care. you need to represent the other side for three minutes. >> health care, i think the reform should be a more robust private sector, not a more robust government. i think the way to do that is not for the government to add people to government coverage, whether you call it a co-op or anything else, but for the government to break down barriers that lead to too few insurance company, the ability to buy insurance across state lines, all 50 states. there should be a major tax