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Too, right . The advantage of being able to say, well, were different now. My company is not going to be focused on the cost cutting and its negative effects. What can you really say when someone says that . And the harder you sort of criticize her and pushback, the more people say, well, she wasnt in charge, anyway. So its a moving target for these congressional guys. Do you want to give her a grade . I think she did as well as could be expected. In terms of apologizing or i think what people wanted more i think they were expecting too much, frankly. Given all we heard was im not sure who its...

After falling below that. Frances yield on tenyear, 1. 7. Italy, 2. 8. Its moved up as well to put perspective on that. As for europe and the equity markets in europe, relatively quiet session there. You can see lets call it more or less a mixed bag. Some decent gains out of the gate but a lot of stocks came from in highs. Tech, media, health care, outperforming. Tele comes, real estate and energy lagging. Our road map starts with investors weighing a deepening iraq crisis. New Economic Data as fed meetings begin. What would 110 oil mean for the economy . And can you hear me monow . Amazons ph...

When you hear a wall street person say liquidity run for the exits. What does that mean. He buys from someone and sells to someone else, doubles the volume in the market. We narrow spread, which is between the bid and the ask and the market. It used to be much bigger and now theyre smaller which is an indication of liquidity. But its deceptive claim. Rose Michael Lewis for the hour, next. Theres a saying around here you stand behind what you say. Around here, we dont make excuses, we make commitments. And when you cant live up to them, you own up and make it right. Some people think the kind o...

Looked at and chosen that not to offer at this time until we figure out the risk. Were a little behind the curve on some of the new technologies. Thats the impact of the risks that we try to face each day. I want to get back to a few more questions with you. I want to just remind this committee where this all started from. I want to go back to september 25th, 2003. A hearing here at Financial Services committee hearing. Chairman frank, you said on the record, i do not want fannie and freddie to be Just Another Bank. If they do not more than Just Another Bank sorry. If they were not going to do...

We thank the witnesses for being here and it seems to have developed among some of the members that the costs of some of these regulations and the red tape thats resulted from these regulations, a lot of that has been testified to by mr. Wilson. A lot of it is either not real or either not real or if it is real its not having an impact or not significant. In fact, it seems that were heralding that this is a good bill because wall street has hit alltime highs. And i would suggest that may be true but it does not properly reflect the overall economy and the reality that the folks i represent are...