Democratic front-runner Hillary Clinton appeared on The Late Show with Stephen Colbert last night to talk about how things are going on the campaign trail.
The conversation inevitably found its way to Wall Street regulation and Hillary was not afraid to take a big swing on the topic.
Colbert asked "You put forth a plan for Wall Street and Wall Street embraced it...Is that a good sign?”
"Well, I'm not sure who you're talking about because I certainly didn't get that message," replied Clinton. She then pointed out that Paul Krugman had praised her plan as tough on the banks and said "We don't just have big banks in our economy that pull a lot of strings and make a lot of decisions. Look at what happened in '08, we had a big insurance company that had to be bailed out, we had an investment bank, Lehman Brothers, that failed. We have to look at the whole financial system and my plan does that."
But Colbert wanted to know more about the big banks and pressed another question on the topic, one that prompted Hillary to reenact the deli scene from "When Harry Met Sally."
Colbert: If you're president and the banks are failing, do we let them fail this time?
Clinton: Yes…Yes, yes, yes, yes, yes, yes.
First of all, under Dodd-Frank that is what will happen because we now have stress tests. And I'm going to impose a risk fee on the big banks if they engage in risky behavior. But they have to know - and their shareholders have to know - that yes, they will fail. And if they're too big to fail then under my plan - and others that have been proposed - they may have to be broken up. Because if you can't manage it, it's more likely to fail
Somewhere in Massachusetts, Elizabeth Warren stared at her television and muttered, "I'll have what she's having."
(The video is below. The Wall Street stuff starts around the 4:30 mark)