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Thethe allegation that [inaudible] has been involved in a scheme. Be talking to the german lender. Matt absolutely. Very interesting plunges yesterday across equity indexes especially in the u. S. Where we saw markets down almost 2 . The nasdaq down 2. 5 . Do you buy the debt . And here in europe at least we see futures still down although only by a little bit. 2 of 1 . 1 10 of a percent. S p futures have turned around so it looks like Equity Investors are not overly concerned or not concerned at least that the plunges in the u. S. And in brazil are warranted here in europe again today. Guy we have priced of it in yesterday but not all of it. That is what markets are reacting to. Lets look at the gmm. You can see the s p 500 move down 1. 8 2 . We recovered a little bit but we have not recovered all of it and that is significant. Other markets are following suit. The dollar is bid, the dollar index is up and the yen is up by one point 5 . The euro is down but it is trading north of 111.

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