tom: josh rosner with us and james lockhart.ess, rosner on the shadow banking, it is about shadow banking in europe. >> that is the issue. we have limited insight into what it is there, limited collateral and risks out there. in the euro and the u.s. in terms of future trajectory of rates. tom:>> we are investing in one of the great fakes yes. tom: you are in the thick of all this. >> yes. tom: the travels good, right back? james lockhart with us. greek is affordable. get to our top headlines this morning with brendan greeley. brendan: something you rarely see in washington. president obama lines up with the pump can's a bill opposed by democrats. he agrees on legislation that the president could finish transatlantic partnership. some say of hurt wages and kill jobs. some republicans and democrats want to give the president trade authority to fast-track the deal. the white house -- >> writing the rules and setting standards. if we don't, other countries like china most certainly will. we can address all these concerns by passing