so i'm not urging repeal of graham bly ly, but am urging stronger regulations perhaps by some institutions so they are risks do not become systemic risks. >> irene, back to your first point of citi, a look at the latest earnings report, i don't think it shows it's a conglomeration that is working. also, to dick's argument they're taking too much risk, the problem isn't the size, are they taking that much risk because it is so big in order to make a wave in their profits, you do have to make more extreme measures, because you need to make so much more? >> sure. well, i would like to address the risk component first. according to bassle, regulated by the international -- banking and international committee, essentially, this committee, it needs and it decides, among global heads of banking and regulators what is the appropriate amount of capital cash, essentially. another liquid, marketable securities that the bank has to have on their balance sheet. i think the current bassel two mandate, something like 8% is considered to be standard. citi is now up to 12 -- i think 12.1%, if i'm not mista