what goeshink about into the cost of credit, it is the addition of the cost of operations and the costls. lending club provides a low cost of operations. the banks provide the low cost of capital. together we bring more -- mark: the chairman and ceo of lending club joining us from washington. stay with us. "bloomberg market day" continues in just a moment. ♪ after spending billions, egypt finally opened its suez canal expansion and it will have big ramifications for the global shipping industry. betty: the billionaire investor takes a large stake in snack maker mongelez. could it mean more food industry m&a? mark: we will hear from the ceo. mark: good day from bloomberg headquarters in new york. im mark crumpton here with scarlet fu. scarlet: u.s. stocks resuming their decline, the dow did not rebound yesterday. a sixth straight day, the longest losing streak since mid-october. , disneyocks leading down again. look at treasuries. as stocks fall, treasuries are getting a bit higher. prices mean lower yields.