adam smith's front porch. if you go down the royal walk, premised are cameron is in that castle -- prime minister cameron is in that castle. sweating bullets, trying to figure this out. >> for all of the talk and concern about breaking away, curious, isn't it? the scots are doing the same as ukraine. a different context, but curious. 5.8%. sterling down >> and keeps falling. our third front-page story, alibaba kicking off its roadshow in new york, a story of waldorf the story hotel. are you going to that? >> no. >> likely the biggest ipo in u.s. ever. of $160n evaluation billion -- seeking evaluation of for $60 billion. one of the questions, ali baba is an huge amount of acquisitions this year. >> $4.5 billion, cash. >> why is it going public? the $22it really need billion is going to raise? >> visibility. i would suggest it would be a little sweat in the room at the waldorf. >> ? >> too many questions about accounting, transparency, accounting, accounting, accounting. i would suggest that will be some tough questions. this is not like facebook. >> interest equity. have 30 peopley controlling the voting. >> we