there is no question that implementation of the fasb proposal will require most banks to boost theirallowance. but the speed of's impact analysis shows that the increases would be far more perhaps in the neighborhood of 30-50% if applied today. for some banks it will be more, for others less dependent on the loan portfolio and environment at the time of implementation. still, these numbers are significant. and i don't want anyone to think that we are not sensitive to the cost and inconvenience of transitioning to a new system. but i want to point out that banks obtain important advantages in return. an allowance that is more transparent and consistent with business results and risk-management and greater simplicity about how different kinds of financial assets are treated for that purpose. i also believe that it would enable bankers to increase reserve as they see risk building in their portfolios. if the cecl model was implemented properly, the data it uses could assist banks in better pricing loans and the repurchase assessment of investments. it could also lead to improved credit

nothing more constraining than having to deal with the day-to-day, having to deal with the scrutiny and fasbur public companies. but, you know, they want to grow, they want to grow internationally. they are really -- they figured it out, figured out the second screen, the 140 characters is perfect. you know, tv is kind of a lean back experience, but if you lean back too far, you fall asleep, so this allows people to engage but, you know, in achievable, bite-size 140-character moments. so they've really figured out the second screen thing. and it's time to -- going ipo is a great pr opportunity. i think it makes sense for them but it's not going to be -- it'll be more satisfying, less fun as you go public. >> you know, zuckerberg made some comments recently where he said that he'd been very afraid of going public. now he wishes maybe he'd gone public a little earlier. if you look at the time line for twitter, are they doing the right thing by going public now, you think? >> i'm not on the inside of what the cash needs are and all the rest of it. in fact, i'd like to mention that we just annou