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This is CBS Eye on the World.

Here's John Batchler.

The headline in the Wall Street Journal, Biden asked Congress for more authority to punish bank executives.

Administration tries to contain fallout from bank failures.

George Bailey, call your office.

Jim McTague is here.

Jim was Washington editor for Burns Magazine for many years.

He's seen this come and go, bank runs, panics.

Executives about to be punished.

Jim, 2008, we're old enough to remember 2008.

Wasn't there the same talk about punishing those rascals on Wall Street?

Wasn't that the point of occupied Wall Street for weeks?

Nobody's gone to jail.

Something must happen.

We've just witnessed a week of, let us put it this way, alarming reports about certain

small regional banks, one in Silicon Valley, another one Credit Suisse in Europe, a much larger

...