Obama Calls for Dodd - Frank implementation - Will it matter?

really offsets I yes Michael just I am in a massive Obama's pushing on on financial reform implementation sixty percent of dodd-frank is now a still unimplemented we have missed deadline after deadline but the reality is is that this is because when legislation is crafted and I asked funny frank about this you can legislate financial regulation one of two ways: one is to have big statutory regulation that creates a big move flake we're gonna create a firewall I between investment banks commercial banks and then we're gonna let regulators figure out the implications that but that big movies is is is rock solid it's like a actually changing facts on the ground in this instance no big statutory a change in May but rather there were certain goals set up and certain ideas essentially it was left to regulators to execute these inform the regulations however we have the on this program we've we've interviewed multiple people who have told us what happened during that process net is lawyers for those to be regulated intimidate sue deter obstruct right-wing judges then also step in to make sure that those corporate lawyers to don't lose and that's what's happened so I understand his frustration I'm not sure I buy into it