i spoke to brady dugan of credit suisse this morning.ere is how he felt about the performance in the third quarter. overall, it was, i think, a solid performance. somewhat has been a more challenging quarter for the whole industry. private banking wealth management was a good result. around 840 million of pretax. certainly the investment bank was impactsed by the fixed income conditions during the quarter. actually, our equities in investment banking businesses performed quite well and actually our credit business was quite good. but certainly, i think the overall environment in the third quarter, it did impact the fixed income business which impacted the overall results. >> this morning, you announced that you're streamlining your rates business. i wonder, it's been underperforming in the last couple of quarters. why always make that announcement now? and what is it going to mean in terms of restructuring costs and rwe? >> well, first of all, that business has had a significant impact from a lot of the changes, both regulatory changes w