david: thank you, ken bentsen. lisa: still ahead, we are following the selloff.ere are the markets, red across the board. all of them now in negative territory or the year. looking at oil, it is down, a big driver of the law -- a lot of the negativity. not convinced we will see a sustained reduction in inventories. 5:30 eastern, janet yellen, ben bernanke, alan greenspan, and paul volcker will participate in an event. you can watch that live on bloomberg tv. thank you. ♪ david: it is time for the bloomberg business flash, a look at some of the biggest news right now. treasury secretary jack lew says he disagrees with the court's ruling and says that life is not too big to fail. nor thethis dangerously lessons of the financial crisis. that research shows companies are making fewer bets on startup companies. last year have that he was number of venture deals in war years. boeing has landed for new orders for its 747 jumbo jetliners. ordered 12 737's. they also delivered fewer jetliners than they did a year earlier. stocks are just about at their lows of the session