included that bba work with libor banks to establish and publish best practices for calculating and reporting ranges. that bba require internal and external auditors confirm adherence to the best practices and attest to the accuracy of banks libor rates. that bba would provide more specific guidance as to the size of the transaction referenced in the reported quote rates. and lastly regulators randomly select a subset of 16 banks which the mean would be calculated. senate democrats yesterday issued fresh calls for wide-ranging probes for u.s. and foreign bank regulators n short, jenna, we will be hearing about the libor scandal for months and months to come. jenna: lots of questions about the effects potentially of europe s economy, on the big banks on heads of those banks and what this potentially means going forward for our banks as well. big story, james, thank you very much. reporter: thank you. jon: caught on tape, take a look at this, a driver running a red light.