president bush had to do in 1991 during the first gulf war. it was very -- the groundwork has been laid for a very complicated coalition. what you heard the president say is that european allies will be hurt most by these banking sanctions that are being put into place. they requested that the u.s. and europe not use the switch sanction, which is kind of known as the nuclear option off the bat. what you see is britain and the united states cutting russia off from their financial markets. they are going to see in a month how much that squeeze is russia. you mentioned how the u.s. stock market is already coming back a bit. russian markets, not so much. it lost half of its value overnight. >> sandra: thank you very much, jen. >> sandra: we need some analysis as to why the market is doing what it is doing. you can guess a number of things, but i would like to hear