just a few years ago there was a prominent banker at citicorp, walther riston, who had the famous doctrine that no sovereign country could ever default. he was not a creature of government, he was one of the preeminent spokesmen of the u.s. private sector. so things have a way of changing. >> if i could address that. >> please. >> mr. riston, obviously, didn't know his history because there's certainly been plenty of sovereign defaults before he made that statement, and we have seen them since. and, unfortunately, they'll probably continue. with regard to the question whether this is a crisis of the west or of capitalism, i think things have become so intertwined globally that it's really alo