early. we were forceful from the beginning and you have seen now a very forceful enforcement response, more to come on that and you are going to see a what i think ultimately will be a very effective reform effort led by a more global effort than the first time. when you say more enforcement to come, american banks, that s your particular jurisdiction. ? i just meant american banks operating in the london lebor market? what the enforcement authorities have said is this is a first of a series of actions they will take. i didn t mean to imply more than that. but i ll say again critical to restoring trust and confidence in our system, very damaged, we dmemonstrate to the world we ll have the best enforcement response anywhere to make sure that investors and consumer haves the protections they need and that requires not just the reforms that we re fighting for but also that there are resourcresource s available to these agencies and if you lift the agencies underfunded w
stocks. i want you to consider these bits of anecdotal evidence just to be sure that you understand where i m coming from. we got an extremely negative piece in the journal. it was actually really good, i have to admit. but it was negative. about verizon s ability to pay its dividend. so how did verizon do? well, verizon s a stock that does well in slow times. it rallied. eli lilly announced disappointing earnings and an estimate cut. people think the stock s going to be down a couple of smackers. what did it do? it rallied. the new york times reported recently on what a beating the health maintenance organizations took new york when they had to provide coverage to people with pre-existing conditions. how did the hmos do today? how did the hmos do? they rallied. how can this be happening? because when the rotation into the wrong stocks hits, it takes up the most consistent operations, operations like walmart, which has been a total bow wow throughout this rally, because i
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