else has, technology made it harder to make money, wall street is actually declining in revenue right now. the irony of this movement happening right downtown, that s what we re calling it right now, the z party. i like it. you heard it here first. wall street is actually getting clobbered, and it is for a whole bunch of reasons. the markets, of course, are terrible. the spreads have come in. it s a terrible time. technology has changed our business. and regulation. can you not you cannot do what you used to be able to do. you can t lever up. for every dollar that i actually put in, i get to amplify it 30 times. not happening anymore. regulation is taking a very severe toll. can you no longer use your own capital in the same way that you could before, the so-called volcker rule and we re going to see it in
the z party. that at the moment is how it s being attacked. that may be the advantage of get money out which gives them that vehicle. exactly. your perspective on what rob was offering up the decline in profitability in the banks at a time when the protests break out. you know, looks like the banks, and congratulations, rob, on your book, it looks like the banks are, you know, falling victim to their to their own game, the idea that bank of america is going to post its first loss since the collapse in 2008, i think a lot of people would say great, good retribution, but when the people out there in cati park. do you mean the z partiers. i m sorry, the z party, they don t really care that poor bank of america is going to show a loss. i think what they care about are the record profits that corporations around the country and around the world are pulling down, the record bonuses that