Provide fewer, more quality. That is a great topic. I saw an amazing presentation the other day. My goal is not to have fewer stars the more quality whether that means 800 but higherquality that is a great goal to have. More than less intelligence and this information out there it does not give us the greater picture the having less that are more directed. My goal is not to have less. I would like more. The goal is really necessarily higherquality what to look out for and i commend Western Union for how proactive they are. Yes. Good afternoon thank afternoon, thank you for the presentation, agent kane with Homeland Security presentation. One question. Following up. With trying to counter the financing of isis with al qaeda it was a different structure. What do you think is touchable. I dont have a specific answer for you. The money they have within their holdings. So i dont necessarily have a distinct number for you. It becomes that whole of government and Partnership Approach to using every tool we have in the toolbox whether it be through the department of Defense Authority to tackle oil and other things sanctions as well but i think much like whether were talking about organized crime for the money is when one that my search the see that and go outside that is a avenue with which we can tackle it. Thank you very much. An estimation about abortion that the sources of financing. I dont have a specific number to give you but i can tell you obviously as it has been, as we touched on the demand in the back talked about it now just becomes one avenue transfer the money versus a lot of others. What we are having is the traditional but the interaction of electronic quality essentially. [inaudible conversations] let them know. Prepaid, in a nutshell it is one where you go to your cvs and buy a card visa card, amazon and there is value on that card. Anywhere in the world. That card has value on it. It. You can give someone outside of the world the phone car phone call or email that number email that number and they can use it as cash anywhere in the world. You go to cvs and there are 30 different types of prepaid cards including ones that are not tied to a particular store. Without the money moving, and informal value system old, plays an Important Role but it is there to be abused. And it involves trust between the two people on different sides of the world but has been used for good purposes and other purposes. There is a lot of new and old. A lot of talk about crowdsourcing another variation of the term crowdfunding, the Financial ActionTask Force Report cited a concern. Isil has manipulated networks encouraged donations and conducted a Marketing Campaign in a manner consistent with industry standards established by major crowdfunding companies. Most people read that and here vulnerability. I i am former fbi and former treasury intelligence. I here opportunity. In what way do Something Like that presents an opportunity . Crowdsourcing, the Online Campaign basically much like utilized by the charitable organizations or any other organization that you might see doing a Marketing Campaign in order to raise funds for organizations, isil have used social media. Dont want to travel or are not in a position to or a position to join the fight. You are to do what you can to help the organization. By doing so they have fleshed out this massMarketing Campaign through which they are asking folks to fund them through social media sites. I agree with you much like they are similar to other social media campaigns and communication spreading propaganda it gives us an opportunity to identify and target other individuals. Excellent. Yes, sir. Mike riley. The question about the private sector partnerships. I understand the primary motive committee to have communication often takes a fair amount of time to compile and get to. When you are dealing with matters of Financial Crime and fraud the urgency might be less so. Can you comment on your relationship to the banks with urgent financial matters . Banks are the world is flat, a lot of information out there. Banks, i can talk about Western Union and our Bank Partnerships that are proactive and what they do. In the cases of an attack the banks are proactive in examining what is in their holdings and quickly pushing out. Our relationships obviously we need to file subpoenas or other information but a very Good Relationship with our partners to understand the urgency and they are able to prioritize and get this information as quickly as they feasibly can. I have absolutely no complaints with comes to an urgent matter and the ways and times in which we get the information which is part of this campaign why we are doing this outreach in order to allow them to understand the current and emerging terrorist picture is so that they understand the sense of urgency. A followup in front. Thank you. I comment on that that if i may. It is important to. Out the same threats that the u. S. Treasury through our tf pp program in dc, within one hour and 40 minutes provided 60 leads to the french authorities will the hostages were still held and that is a matter of public record, a record public program, and it is no evidence that we spent together so much facilitated. Some of the more more see the complex. I complex. I wonder if there is a parallel that we can draw. Within our efforts a onesizefitsall approach across the country, for example, the three pilot projects that we have across the country a very different. The office of boston because there are different types of activities in these areas, areas, even though so much is happening in line. It knows no borders. And the term a lot of it is happening online. I wonder, online. I wonder do we see different types of activities, different types of groups being more prominent being more prominent sure several other. A oneway fbi stand up and provide information and every session that i have been at i have taken away and learned. So ill just want to clarify that. And the fact that we do this outreach as much line is we who teach. So i think thats a good leeway into your much like what we talked about is no one picture. Tv, a to finance its necessary, one model and we get caught in a trap. So the uniqueness of radicalization that and look at all of the options. A particular community doing it one way details sometimes people. Has refocused dont even talking about cigna advantage of our focus elsewhere to consolidate its position. I wonder if theres a concern in this area that as we are so supremely focused on isil that this could be an opportunity more traditional under the radar and take advantage of the opportunity for finance to their benefit. Thats a great question and something you know from being in the bureau before having worked terrorism before that. Through the present. I can tell you that we have constantly made sure that because were looking at the threat in front of us that we are not the surly looking at the threat to the right of us. Said Deputy Director of the year. If aligned the potential to act and to combine the prioritization will will the amount that we will simulate somebody [inaudible conversations] potential for other groups sued for somebody with a light but it will have for a but slightly with a little milk in what. Do we put groups that are considered terrorist groups were the United States and may be raising funds and certainly historically have raised funds but do not traditionally target us. So for a moment from the very cutting edge was the status on their activities . Obviously we continue to look at all of our groups. Good slap you in the 2nd see which many do obviously in particular were talking about hezbollah in the last three years the tax. So its still a real threat to us and us citizens overseas. [applause] taking the time and have a good weekend. [inaudible conversations] make me for governor were,. The invention of sewing machines. Tourist attractions. If you the tourist attraction people to supply them with fabric. They were sitting there selling and making things. This was a little boy shirt. From the 1920s. This was an experiment. This will experiment designed for the 20s. Sometimes they were bigger than doing that particular decade. All kinds of things that happened. A regular navigation. It was called controls. They would continue on another 70 miles or so. [inaudible] his work overseas, and they were. Three carriers are undermining the competition and threatening american jobs. The opposite side, the effort commits misguided sense of you write you and the like on that will thank you for inviting the few lists [inaudible conversations] in fact today we released an econometric analysis showing that these carriers are not actually adding travel. Stifling travel. They become partners in a way that is quite detrimental to us jobs. What we are asking our country to do is to invoke the consultation of the open agreements at least the nations. We are Firm Believers in open skies. Consumers, consumers a boon to our employees, a boon to the us airlines but in this case of a hundred and 14 to are being heavily abused and were spending a considerable amount of time and money to uncover the degree of subsidization dumping airlines. Subsidized by Foreign Governments. The Foreign Government policy to go traffic. And this is an important issue that is causing current harm. The harm is accelerating. We have seen with the gulf carriers have done to the carriers in europe. We have seen what they have done to singapore. We know how this movie ends. It does not end well for american consumers. It does not end well for the professional men and women of our airlines. Parker. That follow the merger and you have been ceo at us airways and america west. Now you are seeing these gulf carriers adding new routes routes, and now you want the Us Government to take an unusual step of freezing new routes. It does not sound like what a a competitor would do. Why are you taking this strange step . It is not strange at all but exactly what is called for. The request the request is simply to have consultations. Without that the request, too many talks we would like to see a freeze in the fine but that has not happened. We should note that since we have laid out our case those three carriers have increased the capacity by 25 percent. So they are clearly recommitting to win the race against the clock. The reality is we are not being extremely competitive. Well i recognize and above. [inaudible conversations] previously ran northwest airlines. Go all the way back to 1987 in the industry when you began continental. You have cited the figure 42 billion in subsidies. How do you back up the figure when theyre are public documents that anyone can see that will show that figure command that assuming that these subsidies are happening down the road you will have to show that they are actually harming you and the industry. Will you be able to show arm . 1st on the evidence we started the process a couple of years ago because just by definition and a 380 daily from milan to jfk intuition tells you he did not need to see a flight profitability system to tell you that they cannot work. And we kept reading that the carriers were saying that there were now government subsidies to any of these carriers but over the timeframe of these bilateral neck to that bilateral relationships, 24 nonstops 24 daily nonstops. And it was and it was just counterintuitive because those countries had populations size of north dakota. So normally you so normally you would have that kind of traffic between two points a just would not support. So we began a process to try to figure out what was going on and found the Financial Statements, found them in places like malta and singapore but we spread out around the world and it was kind of interesting. Those countries are required airlines to file Financial Statements. Oddly enough in the us we do not require that. Other countries do certified Financial Statements the show subsidies that fully disclose. So the so the work that we did was not only that, but we also did Research Across all the financial documents we could find around the World Airport financing financing by government command we were able to build a strong case. To put it in a Legal Framework we proved subsidy beyond a reasonable doubt. You cannot refute the evidence. It is overwhelming. The us carriers essentially american and delta have been put in the market. A very big country that has a huge trade relationship with the us particularly for it huge agricultural base. In essence we do not have any aviation trade. We have exited the market completely because essentially we of subsidize Government Strategies come into the marketplace to basically shift the traffic off of us and take us out of the indian market. You think about it us flight carriers out to be in the indian market. But it but it is not sustainable. 41 billion worth of subsidy it is difficult if not impossible to compete. That is immediate. I get analysis. A longhaul widebody triple seven in the us command we count the professional pilots and flight attendants and dispatchers and technicians and ground operations personnel it drives about 900 really 900 really good actually on a gross basis almost 1000 jobs per flight. We put a triple seven or a 74 or and a 350 or a 787 on a daily nonstop across the ocean it drives almost a thousand jobs for each one of these carriers. Those jobs are not here. The airlines you see here today collectively employ about 300,000 people. The budgets are well over 12 billion per year and investment in airplanes and infrastructure command we create Huge Positive trade surplus for our country. Our aviation policy the state of aviation policy in this country is we will act vigorously through all our appropriate means to defend our rights and airlines to ensure that competition is fair and the Playing Field is level by eliminating marketplace distortions such as government subsidy in the case. It is time to get understanding through consultation as to what the appropriate remedies are to create a level Playing Field. I have a lot of questions. I will combine some. What reaction have you had from the Obama Administration to your complaint. Why would they want to poke their finger in the eyes of key allies in the middle east at a time like this . And the other one came up at the camp david meeting that president obama held. If not what is the agenda . Let me answer one of those five or six questions. The longstanding practice of the United States government with respect to trade disputes to bifurcate the trade dispute for matters of National Security and defense. Its a large reason for trade dispute. The amount of subsidies your are dwarfed by more than a factor of two. That was a dispute with very clear allies. Members of nato command yet our government. They understand the difference between trade dispute in we had visited with the department of commerce and transportation the white house ustr the department of state command we have gotten serious interest from serious people that a serious issue that theyre clearly are a lot of issues involved. Our government has asked us in addition to the white paper and the considerable documentation be provided in january they asked us additional questions which we responded to and filed with them a stack of paper about that high in response. They have very good information. We expect them to act upon it. The concern we have candidly is we need them to act on it with urgency because as they mentioned the carriers are taking advantage of this timeframe that 25 percent more than they have as of january 28 which is a serious issue because the harm his current happening, and accelerating. We also know as i mentioned earlier, this accelerates to the. Where it can threaten the very existence. It has in europe. This is a serious issue that our government is taking seriously. Should this have been on the agenda yesterday and president obamas meeting with the goal state leaders . I i do not know the content of those discussions. However no way of knowing. My understanding from the press is those are matters relating to defense. As such, i would not expect these to be discussed because they are sensitive. Very practically, these are the sorts of issues that should be handled in the normal course separate and apart from those kinds of defense meetings. By the way, we also support open skies the state department to work to the issues in the normal channels is in the if you dig in leaving. [inaudible conversations] not part of this. The fact that it is not an issue. You what you are will let me try that one. So it doesnt concern them. Here is the reality. The experience. Will happen here if her government allows this to continue only do the. Reporter that has the material potential impact which is why our employees are so concerned. The moment that happens the three of us are so concerned while sometimes i think everyone pretty much understands if we find International Flights from philadelphia to europe, they are full of people fly nonstop. They are flying from all over the United States. The entire commercial us Aviation System is materially different. It is not right. That is what we will happen. That is why the three of us are so concerned. Concerned. They either dont understand or dont care about Us Commercial aviation. Am sorry. Part of what were saying is meant to harm the business. This is simply about commercial aviation and passenger carriers. So you may have something but they clearly do not understand the impact. What i was going