Well, not, it's actually a really important point about regulation. Given a regulator who gets to decide how Goldman Sachs behaves, who has a bigger interest in

Well, not, it's actually a really important point about regulation. Given a regulator who gets to decide how Goldman Sachs behaves, who has a bigger interest in the outcome -- Goldman, getting 100% of the privatized profits, or you and me, sharing 1/300 millionth of the socialized losses? The more powerful the regulator, the bigger the incentive for regulatory capture.