>>> i'm lisa oake. in asia, gic says it is recovered more than half of last year's losses. >> and i'm louisa bojesen. financials failing to boost european stock markets despite a $6.3 billion capital hike by bnp paribas. >> and i'm julia boorstin in the u.s. pay in advance, the fdic plans to ask banks to prepay three years' worth of fee toes help shore up its depositing wealth insurance funds. >> welcome back, everyone. i am just grabbing ahold of the latest revisions of gdp that we're anticipating out of the uk markets. we're anticipating to see it moderate slightly. that's at least what many economists have been calling for. second quarter gdp revised to minus 0.6%. the last estimate i was looking at was for minus 0.7%. so we've moderated a little bit. second quarter gdp year on year, minus 5.5% year on year which is unchanged from the last estimate. and here, i was looking for a little bit more of a drop on the annualized figure of 4.9%. we're looking at the 2008 gdp revised higher and first quarter

lisa oake is standing by in singapore. we'll get to her in just a moment. we'll start things off with steve sedgwick who has the latest out of europe. it's great to see you. >> great to see you, too, becky. these markets are taking a bit of a breather today. marginally away from that on the likes of the cac 40 and the ftse 100. as joe was mentioning, all the focus is on the banks and the common theme is that they look at the likes of barbly's and goldman and those that have a stake in goldman wants a slight of that action. they want to be free of the limits the government is putting on them. as such, following that story, the biggest banks in france, italy, and switzerland, as well, are trying to lessen or get rid of the government involvement. joe mentioned that big rights issue, $67.3 billion to pay back a total of the $5 million that the french government has offered them. elsewhere, unicredit is turning down the help of austria and east berlin, as well. going their own way, they get get a $5.6 billion capital rights increase. and it's the same story on

oak cemetery outside of chicago. it is now back in the control of its owners. lisaigan is asking for an overturning of the ruling. you may recall several employees were arrested and charged in the plot of a resale scheme. they are accused of digging up nearly 300 graves. lawyers piled into the federal bups si court today to hash out control over that cemetery. >> by going into bankruptcy that is throwing a monkey wrench in it and has the most difficult venue to rea solve the problem. >> no outcome was reached to talks resume next wednesday. >>> we've all been taught how to sneeze properly by now, even by federal leaders. >> if you have purell, give that to mr. todd right away. a little hand sanitizer. >> the press conference that turned into a comical affair with kathleen sebelius. >>> first, we'll take a look at the business news and head up to new york. >>> good morning. we begin your money scope report with a new plan to reign in wall street pay. a new proposal from the federal reserve would give it the power to reject and encourage bank employees to take too muc