10,000 per person. That is a lot of supply. All of that and more, but first headlines from su keenan. Hour,just the past Stanley Fischer gave his first speech since joining the central bank is saying the Financial Stability Oversight Council may need more authority to guard against threats to the banking system. He added the panel could be given greater independence to address systemic risk. Detroit lands to pay investors who alone its bonds . 34 on the dollar. It is part of a plan to pay two point 5 billion in unsecured obligations including debt and pensions and finally Family Dollar out with earnings. The companys firstquarter numbers missed estimates and they narrowed their forecast for the year. The day slightly down. Those are the top headlines. The s p 500 opened down nearly one percent today but iris stepped in buyers stepped in. One reason for the decline is portugal. There are secures concerns centered on the bank the spirit of santo. Headme now is peter tchir, of macro at br