in 1908 lehman was appointed director of the national library or more precisely the west german half in frankfurt the other half was a delight to germany's 2 national libraries the cold war that even divided the world of books. was when i became director general of the national library in frankfurt in $88.00 i made my 1st trip to leipsic. i didn't think it was right for us to be separate entities given that we were founded on common goals good plan we talked about that in my pic description. he'd gone there to visit the so-called memory of the nation the german library was founded in 1912 to collect a. all german language publications under one roof in 1949 it became the central library of the workers' state and a western counterpart was set up in frankfurt with the same goals. then in 1909 everything changed hundreds of thousands took to the streets in a peaceful resolution flanked by writers such as stephan hi i'm very fond know what a transformation it's as if somebody had opened the windows after all these years of stagnation. was. the people liberated themselves from communist r

just was really, you know, there is no body whose business model was hurt worse the day that the lehman brothers went and that took a ton of effort and time but they were a great group, great set of leaders and i just never did as good of a job as a could've to help us navigate all that volatility. >> you've taken one for the team they're saying that that's on your watch butat that is sort of brings me to this next question which i think is a good follow-up here which is hey, you even said in the book the ge you inherited seemed overwhelming in its complexity and the myriad of response abilities. my head exploded reading some of the things you had to deal with on a day-to-day basis. i mean, you were making decisions where you did not have control over the outcomes and some of these decisions. on top of that 911 occurred in the financial crisis occurred which you just talked about and that only heightened your challenge. did you ever sears the question whether the company was so comp gated, big and diverse that one person could really run it? just seemed overwhelming to me and you are sa

[laughter] and then / forward to the lehman brothers financial crisis. we had a huge financial service business it is heart wrenching for the people that have died. it has been a horrible year. for the 90 days after if you are in financial services, you will never forget that as long as you live. every day was a new crisis and you had to make decisions all over the place. and at the same time, i had a media business and aviation business i would work on those 7:00 p.m. through 11:00 p.m. then 6:00 a.m. through 7:00 p.m. doing financial services. i remember when lehman brothers went bankrupt. washington mutual went bankrupt. and we decided that night we would raise $15 billion of equity the next monday. the biggest in the history of the world. so i say it is rocky out there. finally roger pinsky let's get the money process and then we fast forward to sunday night with a last-minute offering in asia. and then t.a.r.p. failed, seven banks in europe go bankrupt. i have to decide with 15 minutes to go do we want the next stage? i never felt i had so much pres

in 1988 lehman was appointed director of the national library almost precisely the west german half in frankfurt the other half was in life to germany's 2 national library the cold war that even divided the world of books. was when i became director general of the national library in frankfurt in $88.00 i made my 1st trip to leipsic. i didn't think it was right for us to be separate entities given that we were founded on common goals to plan we talked about that in my pic description. he'd gone there to visit the so-called memory of the nation the german library was founded in 1912 to collect a. all german language publications under one roof in 1949 it became the central library of the workers' state and a western counterpart was set up in frankfurt with the same goals. then in 1909 everything changed hundreds of thousands took to the streets in a peaceful resolution flanked by writers such as stephan hi i'm. water transformation but it's as if somebody had opened the windows after all these years of stagnation darkness. was. the people liberated themselves from communist rule and eas

lehman was also in namibia to visit the local go to institute in the center of the tech. team here had spent 2 weeks preparing a major conference about post-colonialism which took place in quetta tura a former apartheid era township on the outskirts of the to. it was part of a long term project that brings together museum experts and creative minds from across africa. you know if you close. but it is going to go up because. there was a sense that things were coming full circle still a man who's very 1st official trip in 2008 was to another form a german colony tanzania he had come with good news the use of austerity was that the good institute in dar es salaam would reopen after a decade. the up back to the south. africa has been an important focus for the good to institute ever since 12 years later the self-confidence of a new generation in the world of arts and museums was visible at the conference. role you. play. fresh concepts such as digitalisation made this conference stand out that really did you go to a. society in which we find ourselves in today does not agree

the people liberated themselves from communist rule and east germany fell apart lehman's informal talks with librarians in lexis suddenly became a political mission to reunify the institution. but what would become as the german library in like he. had been a librarian there since 1974 and was part of negotiations after the wall fell. on them we sat here in this room with lehmann and his partners sat here at the front i was sitting on one of the chairs at the back somewhere as i can remember it quite clearly well initially there was a brief silence he must have been asking himself how we in life would react to these invaders but it wasn't an invasion he was pretty clear about that he said we were working on a common plan and one of the 1st sentences i can still remember was the greater germany that's coming into being here could certainly use a national library with 2 locations. in august 1990 the 2 german states signed the unification treaty in berlin and the status of the new national library was made official including its 2 location. it's frankfurt's and likes it. thanks. to since 1

and he says this is his quote, even beyond the next two years, we expect the -- to return to a pre-lehmanormal. as well as a less depressed central bank rate and bond yields. to the moon. here is kallum pickering. good morning to you. two year breakeven expectations at a 15 year high. the breadth between that and nominal is at a record. how high are these yields going to break? good morning, mr. pickering. kallum: good morning. significantly higher. in my view, this needs to happen soon. central banks are keeping bond yields artificially low relative to what are now very realistic expectations for strong economic growth that will be sustainable and sustained higher inflation. the longer that gap goes on and the bigger it grows, the more pain for the correction when it eventually happens. it may be sensible for a few central banks around the world to start signaling that the normalization could come. i have been slightly encouraged by the bank of england, which seems to have taken the first step towards sending that signal . the buildings are still standing in the u.k., everything seems to

lehman would show this room to every person he was hoping to win over the support. because it's a beautiful room the proportions are good natured greece is here and oracle terra cotta the great philosophers. got it also a mysterious room a magical place. when does a magnet and i was a little shameless and using this magic to rally support for the museum island concept or financially to. support. who was head of berlin's public museums was always a name unsigned the 2 were together for a decade to implement them master plan. he was brilliant strategically he was relentless and would never tire of taking members of parliament to the museum island to show them around them what he's great at motivating others he's truly what you might call a cultural diplomat and he's a genius when it comes to committees close detail a man would enter a meeting and at the end he had convinced everyone in the room of his opinion he was very elegant and efficient. or there's everything. the museum island which brings together cultures from across the globe is perhaps the site of a man's m

the people liberated themselves from communist rule and east germany fell apart lehman's informal talks with librarians in lexis suddenly became a political mission to reunify the institution. but what would become of the german library in like. your goya had been a librarian there since 1974 and was part of negotiations after the wall fell. on them and we sat here in this room. lehmann and his partners sat here at the front i was sitting on one of the chairs at the back somewhere as i can remember it quite clearly well initially there was a brief silence that he must have been asking himself how we in life would react to these invaders but it wasn't an invasion he was pretty clear about that but he said we were working on a common plan because one of the 1st sentences i can still remember was the greater germany that's coming into being here could certainly use a national library with 2 locations. in august 1990 the 2 german states signed the unification treaty in berlin and the status of the new national library was made official including its 2 location. it's frankfurt's and like thi

senator lehman was to be the spokesman for the jewish faith. the chapel, instead of being located as an interfaith chapel was located in the basement of another church. it was not in that sense interfaith chapel. there's never been a service of my church because of the physical location. i therefore informed dr. polling that while i would be glad to come as a citizen, in fact many catholics did go to the dinner, i did not feel i had very good credentials to attend as the spokesman for the catholic faith at that dinner to raise funds when the whole catholic church group in philadelphia were not participating and because the chapel has never been consecrated. i want to make it clear that my grounds for not going were private. i had no credentials to speak for the catholic faith at the chapel for which no catholic service has ever been held. to this day, no service has been held at the present time. but i think if i may separate this, if this were a public matter, i would be glad to go as an individual, but i could not go as a spokesman. >> mr. ke

a great student of this is a guy who i started reading at lehman brothers years ago. those people that writes a three-page page economic report and you hate him because you actually have to read the thing. joseph lavorgna joins us right now, at natixis after his public service to president trump and the nation. the great conundrum we have is the legs of the x-axis. how long does the boom last? joseph: thank you for having me on. the boom last for a while. you've got very high savings rates, the household looks awesome. the labor market is booming. there is some friction certainly in the coming, tom -- in the economy, tom. the household looks great. i think after a boom, we will slow perhaps more than people expected next year. when you get these recoveries, i know it was a pandemic letdown, but when you get these recoveries and now you are going to enter expansion mode, they are not measuring in terms of months, they are measuring in terms of years. tom: i want to take your income statement analysis on the american economy unfolded in on your ownership. george saravel

the people liberated themselves from communist rule and east germany fell apart lehman's informal talks with librarians in likes it suddenly became a political mission to reunify the institution. but what would become of the german library in like. you're go away but had been a librarian there since 1974 and was part of negotiations after the wall fell. on them we sat here in this room. lehmann and his partner sat here at the front i was sitting on one of the chairs at the back somewhere as i can remember it quite clearly initially there was a brief silence he must have been asking himself how we in life would react to these invaders but it wasn't an invasion he was pretty clear about that he said we were working on a common plan and one of the 1st sentences i can still remember was the greater germany that's coming into being here could certainly use a national library with 2 locations. in august 1990 the 2 german states signed the unification treaty in berlin and the status of the new national library was made official including its 2 location. frankfurt's and life. thank. you directo

assem lehman phil ting says the district cared more about money than getting children back in the classroomthe district said it was intentional to stagger returns and staffing levels. the final decision on the money is in the hands of state auditors. >>> how much does it cost to protect an action movie? apparently it's not cheap. how much the makers of the new "matrix" movie will to shell out to keep everyone safe and why the shooting was good business for local hotels as well. >>> organizers of a popular north bay art festival are canceling this year's event citing the possible location of a homeless encampment. the sausalito art festival normally takes place over labor day weekend and marin ship park. a nearby homeless encampment may be moved, currently set up at a nearby park. organizers are working with city leaders to find an alternative location but they say they feel like time has now run out. 4:55. we'll be right back. [ echoing ] some of us were born for this. to protect people. to help them save. with a home and auto bundle from progressive. ahh. i was born for this. and now it's

elon musk the superstar will be joined by director doug lehman for a film shoot in space but cruz and his team of a few good men are not alone a competing film crew from far away but also aims to be the top gun in shooting a movie in space and just like 60 years ago once again the rival so the hopeful american space pioneers are rushing. around the same time crews of such a arrive at the i s s a russian actor and director are scheduled to reach the space station on october 5th to be exact popular russian stage t.v. and film actor yulia paris cild is taking her talents to be edge and is set to star in a film directed by clint shipping go. at this point it is unclear whether the american made team or their russian counterparts will be the 1st to arrive but if by chance they were to get to the ice as at the same time things could get a little cramped don't believe it just ask a cosmonaut. sometimes there are moments when it's impossible not to be together with other cosmonauts and. sometimes several people work at the station at one place it becomes tight sometimes but in general i would

and different corporations, nobody knew what they had, very similar to what happened in 2008 when lehman brothers crashed and on the banks to know what they have. i heard you talk before, >> -- you haven't heard this one because i rarely do all the dirt -- laughter >> i understand everything is saying about the central pacific but in the early fifties, our family moved to rosario. that's a role railroad town. at the time and had the world's largest ice plant. reason for that is that when they were shipping california produce to chicago, he put ice at each end of the car and the breeze over the ice kept stuff cool, that's before they can afford air conditioning. it also had a heart huge switching yard. when the traffic started going over to central pacific ground. >> most of it's gonna go to southern pacific, but you've identified exactly what makes the railroad prop foldable, is the ability to move fruit to the east coast. he can't send out on a steam ship incentive to the tropics, iraq. once you have california orchards, that becomes the most lucrative traffic. that's if you go back to

lehman angles, who became a conductor. frank lile, a noted professor. an editor for the new york times book review. welty maintained close friendships with these men, many of whom were gay, with her letters with lile being particularly rich glimpses of her life. as with hurston, welty's first successes came with short stories. starting with "death of a traveling salesman" published in 1936. welty had an incredible run with her short fiction, especially in the 1940's. she was assisted by mentors like catherine porter, who were at the preface for her first collection, and robert ben moran, the most important figure for welty was one largely missing for hurston. i devoted, capable agent who was also a sensitive reader. in 1940, he reached out to welty offering to fill the role and she gladly accepted. what is expert guidance her stories appeared in prestigious places like the atlantic monthly and harper's bazaar. she secured residences at red loaf -- and the 1942 guggenheim fellowship. they decided for welty to move the follow the editor. the stories that

[cheering and applauding] benjamin lehman. [cheering and applauding] christopher graham baker.ring and applauding] liam o'connell. [cheering and applauding] nicholas scalise. [cheering and applauding] jacob chang dewey. [cheering and applauding] david james. [cheering and applauding] joshua tanner mccarthy. [cheering and applauding] molly susanna. [cheering and applauding] marcos valdes. [cheering and applauding] paul thomas xavier. [cheering and applauding] mary margaret. [cheering and applauding] oscar edward. [cheering and applauding] cory scheidler. [cheering and applauding] [cheering and applauding] the vice president, secretary of the navy, lots of the marine corps, chief of naval officers, superintendent and made shipment will not present diplomas to members of the graduating class individually by company. outnumber companies will just receive for my left and even-numbered companies from my right. >> from the first company -- [inaudible] [cheering and applauding] [cheering and applauding] [cheering and applauding] [cheering and applauding] [cheering and applauding] andre

i can show you, for every amazon there is 100 lehman brothers and qualcomm's and all of the other hott eventually rolled over. tom: it is so interesting, the dow at 35,000. we understand it is a great bull market. within your history and particularly because barry ritholtz enjoys making and losing money for people, there is nothing like real-world experience, how to bull markets end? barry: there is a rumor that bull markets die of old age. that cannot be more long -- more wrong. full markets cannot die. they are killed. they are murdered by policy mistakes. tom: you see it right now? barry: i've not had a chance to read the essay but i think the gist is correct. he says the bet -- the fed is right to let inflation get a little out of hand. the inflationistas have been wrong every cycle since the 1970's. they are the ones at risk of killing the bull market. the flow deficit chicken hawks, the people who want to take the punch bowl away early, that is what will kill able market. a little bit of inflation, even if we are at 4%, four-port 5%, that is not the sort of thing -- a 4.5%, that

lehman brothers. aig. my summer at enron. - wow, that's not such a bad idea. - great!day? there's a bunch of those. - keep. - there's a bunch of sent emails that just say "delivered." sh- i want to keep thosee? so i can see what i sent. - that's why you have a "sent mail" folder. - keep. - there's about 30 news alerts from "nip slip" - for what? - "nip slip." - oh, okay. i don't know how those get on there. - well... - must be hackers. - ooh. - [knocks on door] hey. what's up? - whai had doned you the worst thing ever, would you still want to be my friend? - did you murder someone? - worse than that.

tom: carl, your acclaim goes way back even before lehman brothers, international currency movements. we are at a time where with the jump condition of renminbis strength, what is the unexpected? what is the expect the unexpected of weak u.s. dollar? carl: investing in currencies, you always expect the unexpected. we are looking at surprise, countries like canada that produce a lot of orders that are going up in price, same thing with australia. i don't think we should be too surprised. we are seeing some stimulus in the economies that are benefiting. china in particular is benefiting because we go to them to make stuff for us. they are seeing very strong trade numbers. the trade numbers printed on friday for china for march, the biggest march export number. you want to look at the levels. china is winning in this trade readjustment and is benefiting from that. tom: if we see strong commodities, let's say we get the copper boom that jeff currie just told bloomberg about, how does that change the world for jerome powell? carl: the fed and central banks have said there are going to be b

up lehman under the sun up to. as a do authorities i'm toccoa allowed to set up quite a bit of money for peter biden volunteer. fighters have to test. owned done in the estimate unama you know used. condom. and it's soon it's now been monuments to put center go. under. downtown to imbeciles to wuis some of us have nucor bonds on some items afford. one does monitor. only opposition movement. as a finish was tyrone really only i wish him well the 1st time moustache to do and. i've done yes and in no mood to morrisons to do man next he cannot go postal will the daughter done. so i put still on friendly quick decision in good time most of the time i was off because i enjoy going to. when tied to a dance cornishman to wish to the top. as can is i just recently jumped into the mountains in montreal is a move under got some not much muscle you were community out of pure form. and an immersion modest muscle just too dumb to tiles and on and on and drop the homes in france on hours or whatever time of the understand time yo

at this, another democrat top democrat senator kyrsten sinema joining henry cuellar the senators lehmane leaving migrants and putting them at overwhelm borderve communities, kyrsten sinema, what do you say. >> i'm glad you're catching on and talking about it is undeniable what is happening at thepe border it's an absolute crisis, this a administration is only getting better at tracking kids into the country moving in from facility to facility the only good thing that they're goodod at. secretary mayorkas is trying to pretend there is a victory because kids are in capacity but what they're doing is attracting more and more the come to the border and putting them themselves into the hands of smugglers and releasing them into the interior where they will stay forever. liz: the cartels are doing the trafficking in thels administration's movie the kids around, the white house press secretary jen psaki complaining it is maddening that people keep asking why the white house is not calling the border when w everyone else sees as a crisis, she was mocking the headline, how is is not a crisis whe

so give us the lehmans version if you don't mind of laying out the science behind it. >> crispr is easy because bacteria have been doing it for 1 billion years. and they're not smarter than we are and what they do is they take a mug shot. a new virus attacks which they take a snippet of the genetic code and they weave it into their own dna. so they have these clustered repeated sequences that contain the dna of any virus that attacks them. and those clustered repeated sequences are called crispr so that's all it really is is a way for bacteria to remember viruses that attack. that doesn't seem all that interesting unless you get into a virus pandemic like we are in now . that's a pretty useful thing to be able to do. so what bacteria do with it is they say all right, if i notice such a virus attacking me again just like we have seen, what crispr does in bacteria is it has a scissors , like an enzyme that is guided by a little piece of rna and when it sees the virus coming in it just chops and not all that jennifer doudna did and i grew created the gene editing tool did was whereas bacte

up lehman under the sun up to.as a do authorities i'm toccoa a lot to set up quite a bit of money for peter riden volunteers. fattish have to test. owned done him yes monica unama you know used. condom. and it's soon it's now been monuments to put santa go. to and i'm. done trying to imbeciles to woo is some of us have in the mood go beyond sounds of our times afford. one does monitor. only opposition movement. as information was just one really only i wish him well the trust i must have to do and. i've done asked my name and do not know as much to do man next week on october 1st to move a daughter done. so i put still on friendly quick decision then can time most of the time i was off because i enjoy going to. one tired to dance cornishman to wish you the time. as can is i just recently jumped into the mountains in montreal is a move under got some not much muscle you were community out of pure form. and an immersion modest muscle just too dumb to tiles and on and dropped the homes in france on hours or whatever t

so all of the companies, the financial firms that we know now that are famous and infamous, the lehmaninto the early '90s. so the private partnerships which were predominated which were -- every deal they knew they could lose their own money, not other people's money. as many people have said, we live in a world now where gains have been privatized, but risk goes to the public. so you get bailed out by the federal reserve or by the government, but if you make a huge amount of money, you get all of that, other than what you pay in taxes. that wasn't the predominant model before. it meant that those cultures had to know, every night when they went to bed, you better be able to wake up knowing that the world might have changed negatively. that level of individual risk has been removed from the system. and so people do what they're going to do without the fear if that deal goes wrong, i'm not just going to have egg on my face reputationally, i might lose my house, i might lose my income. >> i want to ask you about another one of your -- of the issues you've written a lot about which is fro

making sure to avoid all of the pitfalls from the collapse of lehman brothers. a role in that. the antagonist and that scandal was martin, his former employer. he almost so -- he also helped jp morgan unwind some of it straight. that got a lot of acclaim. since then his career has only been on an upward trajectory. lisa: there is a cliche on wall street, if you lose $1 million you get fired, if you lose $10 billion you will get hired. is that part of the story? or is it a distinct tale of someone who brings incredible credentials. >> it is different in that back in 2004 i do not think jp morgan was losing that kind of money. he was the head of the credit-rating business in north america. it operated like a hunch fund within jp morgan. they used massive derivatives, cash bonds. the derivative market was taking off at that time and jp morgan was central. then came the blowup. jamie dimon had just joined the franchise. he was the president. he was overseeing the restructuring of the fixed income. to jp morgan's credit they recognized what they knew and what they di

about this movement that we've seen is broad and movement from cause it to the west bank to address lehman hours. living inside israel is that it's been leaderless and it's been self mobilization. and as we are hearing from master, we were just speaking to for that to may be for something positive to emerge from that will be very important for us to repair, to repair its relationship with mom, with a boss is that, is that likely to happen in the election supposed to happen tomorrow, but then the president, us, it chose to consider them an issue because it didn't let them talk about elections and to cement, but also because their internal conflict and he was afraid to lose elections. i think the solution for a conciliation between us or between we can come within a free one reconciliation. that's all different actions can express their opinions because within this framework on the phone this morning they can formulate a little stuffy. but if they go in for elections, i don't think it's a solution why the election, what was the election has to do is to bring a government administration, but

come to that meeting are new york city mayor laguardia, new york state governor and future senator lehman, the united states secretary of labor, frances perkins, and the first lady herself was at this union meeting. and she speaks to the union meeting that night. she say, and i quote, the color line is gradually being broken down and becoming a thing of the past. all of the other speakers say we're going to attack jim owe crow in the south -- jim crow in the south. twelve days after that meeting, the president hosts the naacp and a. phil line up randolph in the -- a. philip randolph in the white house. the democratic party needs to do something to address their concerns, there's this growing feeling, especially coming out of new york. about exactly the same time, randolph says i'm going to flex my if muscles, we want even more. we're going to demonstrate on washington, okay in what they want to do they want to desegregate the armed forces, one of the things they're calling for, and they're also continuing this push to end jim crow in the south. so they plan this march for 1941, and they t

. >> how does it work and lehman storms? how can you take dna make a sketch?ild. so if you think about where and you think about all you have a mother's eyes. will you have your mother side because you have your mother's dna. and we can figure out will this piece of dna we've seen blue eyed people but not brown eyed people. >> so oil features are connected to your dna? >> absolutely. parabon started off by helping the u.s. military create dna profiles from the remains of insurgent lawmakers during the iraq war. it wasn't long before cold case detectives were sending them emails looking for help as well. >> these investigations that were working on, sometimes they've been cold for decades. in these cold cases, they're cold because there are no leads. and a lot of cases, that's because there's no witness description and were able to give them that. just with the dna. >> from a single dna simple, parabon can make an estimation of someone's here color, eye color, and complexion. we hired parabon to test a sample of my dna. but we didn't tell them it was from me un

you think of the lehman era that i wrote about in my book.lossal labor shortage. i think the next couple jobs reports, the people i talk to in our bloomberg chat, they're looking at average hourly earnings, not looking at the employment data so much. if average hourly earnings spike a little bit more, that's what created in 2018 the famous elevator shaft drop in the nasdaq when average hourly earnings came in hot, the nasdaq went down about 14% in like four, five days. maria: wow. so -- well, you mentioned your book, your international best seller, a colossal failure of common sense. i'm feeling lies like there's failures -- i'm feeling like there's failures in common sense today. you could write a second book on this. tell me where the money is going and what would be the practical common sense as an investor to go to today, if you are expecting these 4 or $5 trillion to leave tech, leave the ndx in next couple months. where is it going. >> this is in the unloved sectors. this is just beginning if you look at the ratios, over the last month

it's the key moment when financial firms, goldman sachs, ill-fated lehman brothers all went public into the public sectors and gains were privatized. if you lose money, the federal government could bail you out. if you make hundreds of billions of dollars, you get the rewards, other than what you pay in taxes. and that's a major change in capitalism but it's a change. it means capitalism is just that, it's what it's become, not what it's supposed to be. >> tell us about capitalism, the consolidation of power. you go back and read history books about titans at the end of the 19th century and when they talk about their net worth, $400 million, which is a lot of money, but we're talking about people worth $40 billion now. the numbers are staggering, even by the last gilded age's measurements. >> right, and it's not just that. in brown brothers, i read this book that the public has to thrive so the private to thrive. you can't beg the public independentlessly. the average differential between worker and ceo, and guys covered this for years, was about 30-1. they're exclusive, elite, reach.

accelerating the process| of change, what does that actually mean in real, lehmans terms, if you areicy offer butjust on the basis of what voters have seen, they don't like it, particularly those voters in the northeast of england. you lost the hartlepool by—election, the tees valley was retained by the conservative with a huge majority. to accept emitter you have lost as former heartlands, you just don't have that connection to parts of the former rightful place? i expect we lost them but not lost them forever. from the conversations we have hand, those communities want change and don't think we are the party to get it to them. that is a big problem. so now as we emerge into this extraordinarily important national moments, as we exit from coronavirus, about what we want our country to be like, we will convince and want to convince people across the country that we have the compelling vision for what our country needs to look like in the future, and we failed on thursday to do that but i think we will be better in the future. is do that but i think we will be better in the future.- d