Here he is talking to Sgt. Rabin (the equally awesome Dan Hedaya) about what he knows of the mysterious Keyser Soze:
Sgt. Rabin: You've heard of him?
Baer: Where? On the street?
Sgt. Rabin: Yeah.
Baer: A few times. You know, outside stuff. Somebody working for a guy who worked for a guy who got some money from Keyser Soze. Shit like that. (pause) It could be an old badge. You know, a hex sign. Keep people from fucking with you back when a name used to mean something.
Sgt. Rabin: But you're here.
Baer: Well shit, yeah. I got a guy trying to walk out of a hospital on a fried drumstick because he's afraid of Soze. Yeah, I'll run it up the flagpole.