london was important before new york and it will be again. the fact that they don't know what the use of the funds will be, not the biggest concern. (laughter) >> i don't get it it. >> adam. >> hold on, charlie. first of all, we know what the money is used for, charlie hit it on the head to continue the farce that they've created, the promises they have made. the empires that have fallen into the ocean and they're killing themselves, adam. >> it won't work. >> adam don't you think it ultimately makes it harder for europe to be the strong, dominant place it used to be? >> i don't think this is going to keep europe. it's not at the top of the list, let's say that, they've got plenty of problems. >> all right, gerri, plenty of problems, is this the right solution? >> look, you're never going to get ahead trying to penalize the financial industry by taxing each and every trade.