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I think that the words and the deeds we are hearing out of china, jim, are encouraging. This administration seems to be much more committed. Lets keep going. The reforms they are making in terms of letting the market determine the distribution of resources. These are revolutionary. We will hope that this leads to a kind of openness that ends up being a model for the world, if they continue with what they have told us. His activities are all related to corruption internally. They are not related to corruption that relates to external business. I think that is a very big hurdle to jump. Again, i think our role is to be as vigilant as we possibly can and call it out when we see it. The first decision i had to make was this one. It set a tone. This is what we have to do. We have to call it out when we see it. We have to encourage it everyone, especially all the major players, to look at it internally and externally. I think the new york example is a good one. There are so many things that

Republic ofNew yorkUnited statesDistrict of columbiaPatrick henryJim wolfensohnDavid stricklandJim yong kimDan ackersonDaniel ackersonRonald reaganUs oneJim yongCritical developmentHuge developmentRed line