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[inaudible conversations] okay. All right. Hello. Are we on . Hi, guys. Welcome to sunday morning at the texas book festival. Does anybody know what time it is . And how awesome was that extra hour we all got this morning. Lets applaud the extra hours. Im going to officially welcome you to the 22nd annual book festival. Thank you for coming out to support the authors, the still and great literature. First off, please silence your cell phones. Ill silence my phone while you silence yours. Well have a book sinning after the session 0, so arm that both of the authors are going to go back to the b...

Discount. Wall street is facing bank stress tests. Lenders including citigroup failed to pass the scrutiny. I am joined by Erik Schatzker for more on the results. The highlights were citigroup, unexpected. What went wrong for them . We can only tell you what the fed told us they scrutinized citigroups balance sheet, and the methods in which they conducted their own stress tests. The fed found qualitative in the way, for example, citigroup anticipated losses and projected revenue across its business. Citigroup operates in 100 companies. Countries. It is complicated. Michael corbat was brought i...