these numbers do change, of course, as we get closer to the opening bell. the nasdaq down 0.6% and the s&p by 0.6% as well. nina. nominations more the imf s top job opened today. if you were to visit a british bookmaker you d be forgiven for think that christine lagarde has it in the bag. trevor emanuel, he s on the bottom right-hand corner of the screen closest to me. he s making quite a strong impression. on the other hand, turkey s kemal dervis has ruled himself out of the running. the race continues. christine lagarde has come a long way since representing france. she was a synchronized swimmer
bookmaker. one client s always going to win, another one ils going to lose, but it s trying to work the game so that it always win. i m sure goldman sachs has something to say about all of this, the way it s been posed so far, it sounds pretty bad. well, it s that betting analogy that seems to be getting to them. both blankfein and goldman deny that they re engaging in any type of massive bet against their clients. they deny knowing the housing market was going to collapse, though blankfein has said all along that the bank was doing what good banks do, basically exercises in risk management. the question, of course, is whether blankfein is telling the truth. and we ll see. all right, joe, you ll stick with us throughout the hour. also expected to testify tomorrow, goldman s fabrice tourre. he calls himself fabulous fab, i ve heard. helped concoct many of these iffy investments. he s also gotten e-mail trail. in one of them, he told his girlfriend this, not feeling