Massachusetts Senatorial candidate Elizabeth Warren is seven points up in the most recent polls, coming in at 49 percent over incumbent Scott Brown's 4 percent. Brown is the tea party favorite who won Ted Kennedy's seat in what was once a reliably Democratic district.

Weeks ago, Karl Rove's shadowy 501(c)(4) advocacy group Crossroads GPS launched an attack against Elizabeth Warren linking her to the 'Occupy' movement and calling her the "Mother of Mayhem." It wasn't a very effective attack on the Harvard professor, so now Rove is trying the opposite tack, attempting to paint Warren as too pro-Wall Street, portraying her as a banking insider.

Warren seemed to find this new tactic highly amusing and stopped by The Last Word with Lawrence O'Donnell to discuss the new ad and the real story of where the bank bailouts originated.

"Let me put it this way: I knew Wall Street was going to come after me with everything they had, there was no doubt they want want to make sure I don't get to be the next Senator from the commonwealth of Massachusetts. But it seems like the strategy now is the kitchen sink strategy: throw everything we can at her and let's see what happens."

The video below is from MSNBC's "The Last Word" with Lawrence O'Donnell, broadcast Dec. 8, 2011.

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