investment officer or cio ina drew. while we have taken loss of the cio, no clients were affected, no customers suffered as a result of our mistakes. the bottom line is that however unfortunate this incident is we want to do what we always do admit our mistakes, learn from them and fix them. i m confident when we are done here we ll with b a stronger confident. the shareholders voted to let him keep his job. they also voted to let him keep his $23 million pay package. bob lenzner is here from forbes magazine. the fbi, s.e.c. and federal reserve are all reportedly looking into the $2 billion trade. right. so far there is no indication that j.pmorgan violated laws, s why the investigation? i don t know why. i doubt they will find there was criminal action in europe on the trades. the s.e.c. and the federal reserve have to look into the federal reserve is supposed to be regulating the holding company of jpmorgan and the cio office with $370 billion should be regula