dollars and then some very minimal new laws came in about it keeping inventory and liquidity under balanchine they decided you know what jamie dimon needs another billion dollars lloyd blankfein even though a billion dollars so we need to roll back those regulations so it could be even less own their books in a low energy economy even more and anyone protests with a populist a political uprising the market tells us that there must be cures disabuse of this notion this is market fundamentalism you know how different the saudis is what is going to be fair my personal opinion about those regulations is that we didn't need any new regulations because what the banks did was already illegal to smash and grab assets from individuals and pension funds was against the law i believe and they created these new regulations and in order to pretend to the population that something was being done and that this that what happened was so unique and new and not and had never been known before but it was simple old fashioned crimes of finance so that was just a distraction but i do believe that those regulation