and then with him on stage is david wessel think is also very well known to a washington audience. david a few months ago joined the brookings institution as director of hudson center on fiscal and monetary policy. but as most people know, for a few years before that, 30 name and he worked at "the wall street journal" where he covered economic and many other issues, and he won two coaches along the way which is not bad. he is a frequent participant in ncr's morning edition so i'm sure you have heard him there. with that i will leave the two gentlemen to take it over. >> it's a pleasure to be here. hank paulson is just back from a trip to china, and asked him how many times has been to china and he paused for a moment and said, more than 100 times. both dana goldman and at the treasury, and now in pursuing a third career which is interestingly 100% nonprofit. is no investment in china except i think maybe his heart, a little bit. mr. paulsen, i thought i would start with remembering that you presided over you at the helm of the portal financial crisis in the united states and we're a