Bob Barr: “We need to trust, but we have got to verify, too.”

We don't want to have a system where we just trust the regulators or trust the banks.

We need to be humble about the ability of regulators; we need to be humble about the ability of managers of large firms.

But among those who believe the case should be re-opened are politicians who don't always agree with each other, ranging from former president, Jimmy Carter to conservative former Georgia congressman, Bob Barr.

I think there does need to be transparency in the process once the firm is in resolution with the opportunity for judicial review.