Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

I'm going to explore the lessons we can learn when creativity and ambition collide

with competition and power.

Listen to Crash Course every Tuesday on the I Heart Radio app, Apple Podcasts,

or wherever you get your podcasts.

Brought you by Bank of America, Merrill Lynch, investing in local communities, economies, and a sustainable future.

That's the power of global connections, Merrill Lynch Pierce Fenner and Smith, Inc. Member SIPC. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura.

Daily, we bring you insight from the best in economics finance investment and

international relations find Bloomberg surveillance on iTunes sound

cloud Bloomberg.com and of course on the Bloomberg.

We begin this morning with Steve Isman.

Familiar to anyone who's read or seen the big short of course now he's a portfolio manager

with Newberger Berman Group he joins us here in our Bloomberg 1130 studios in

New York great to see you here thanks for coming on the show you focused on you've

paid so much attention to the integrity of the

strength of the financial sector in the US and I want to just start there if I

could asking you about what you make of the rhetoric we've heard from this

president indeed from many Republicans about the future of financial reform and regulation

in this country. How worried are you about the the integrity of that apparatus going

forward? You know I'm really not that worried about it at this point. I mean let's just throw some

numbers around it. You know when pre-Cry, let's use Citigroup as an example just to

...