and coming of age in prison. thank you. we appreciate it. wall street journal route order to commit tran fagg examines the wall street collapse of washington mutual, the wall street punch grand largest bank failure in american history. her attackers just over an hour. [applause] well, it is so wonderful to see a great crowd during one of america s great public libraries and a reminder of why the comments are so important in to welcome my friend, kirsten grind back to seattle again. sorry there is no big tank failure to cover. lovely weather. sunny days make me depressed, but i ll get by with this weather. kirsten spoke, the lost bank is a great read if you want to understand not only what happened to washington mutual, which is a huge trauma for the city that continues to reverberate, that had much brighter policy implications for what happened in the great recession and how banking contributed to the amount done. there are times when you re agreed psycho thril
the dow industrials. the dow is down about 31% from that all-time high. s&p 500 also down from the all-time high. but man, oh man, has it been a good 2009. tell me when you were standing here two years ago, did it feel like you were in a bubble and everybody was dancing, they had their choice but to stay in it? what an interesting question. i think the excitement and momentum down here two years ago was certainly very different from what we re seeing today. i think it s very tough to know your knee a bubble when you re in a bubble. obviously there was a lot of euphoria. you also had the economic backdrop to back up that feeling. today you ve got a number of groups leading this advance. technology, i would say, really the leading group here. ibm up 3%. intel up 2%. cisco higher. and the banks about 1% on average, the drug companies also doing well. the best week in advantage, since july, with four straight sessions higher after the two weeks we did in that territory. the