augustin carstens, anders borg is sweden's minister of finance and christina romer on president obama's panel of economic advisors now teaching in california. i'm pleased to have all of them here and i begin with this question. how hard was it to do and how significant was it to put together this $430 billion fund? >> charlie t was hard going to begin with because when you see that mountain to climb, you're not too sure their's going to get to the top. but i must say that in the last few days, there have been willingness of the international community, many countries, you know, from japan, south of the process to switzerland, to russia to china toindia, to singapore, to mexico, to sweden, and all the nordic countries with it, 20 of them just rallied and decided to express their support not only to the institution, but also to the virtue and values of multilateralism, you know, to be there for others when there is trouble. and it was extremely gratifying at the end of the day to, you know, not only hit the target but exceed the target. >> rose: why is it necessary? >> well, it is necessa