was to go another way to new york? absolutely. there is still a lot of uncertainty but a lot of crypto currencies are crip tour companies are taking this as a big win. crypto. as securities they need to be registered. unlike normal commodities, though are subject to a lot of regulations but it does not to be registered in the same way. so what the us regulators were saying in the courts was, look, they have done all of this business, dealing with $1.3 billion in these unregistered securities are now the judges said, no, they are not considered unregulated securities. that is not only a big win for raffle but other crypto currencies elsewhere. there are lots of crip to currencies engaged in this battle. simeon, that is my whiny do not go voice. i only found out this today, this is your last business broadcast. you are going off to india to be a news correspondent. i am indeed. iwill india to be a news correspondent. i am indeed. i will be the next south asia correspondent f
all see that banking is not a real thing. we all see the that banking is not a real thing. we all see the commercial real estate issue all see the commercial real estate issue here all see the commercial real estate issue here in the united states and over $1 issue here in the united states and over $1 trillion of potential defaults, not defaults but damaged mortgages. that is the banking system mortgages. that is the banking system. in our opinion the banking issue system. in our opinion the banking issue is system. in our opinion the banking issue is not system. in our opinion the banking issue is not over for the next year or so. issue is not over for the next year or so, we issue is not over for the next year or so, we have a pause and what we are seeing or so, we have a pause and what we are seeing in or so, we have a pause and what we are seeing in the big banks is the apposite are seeing in the big banks is the opposite of what we will see in regionai o