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Caroline has the story of the day. Blackrock. And they are working. Assetbacked securities are different. That may come as a shock. The bond buyers that we see. The european valuation is below the counterpart in United States of america. We are looking at confidence data a little later to drop and we are looking for unemployment in germany. I will join you for those numbers. We are looking at unemployment to fall and were going to look at the data. Lets look at vivendi. No real reaction from vivendi so far and the market. Lets turn to the companys on the move this morning. You have telefonica ...