chris grisanti is with us. have you read the book?ect, but he did a great job. >> the mcgeady chance to talk your book. -- evenunts everybody harms everybody, it harms us. we make a position and hold it for five years. maybe it harms us the day we bought it. -- not to us.lost they just said don't kill the baby out with the bathwater. , there are two issues here. which michael lewis in his book sort of addressed. on the one hand you have entities that trade faster and more frequently. on the other hand you have orderes that are buying flow. that is where the conflict exists. >> another way it hurts all of us, tom, is it undermines confidence in the market area and that can lower the pe for the entire market. if you think it is rigged, you're not going there. >> to your clients think is rate? >> after the 08 crash, i would've laughed at you five years after you said that. >> did you framework a single digit frame work? can you be more enthusiastic? >> i can be more enthusiastic than that. if you look at the last 13 years, it is way subp