to go after them and perhaps the most recognizable name for anyone who has followed the case is marcus walderthe head of north american offshore banking for credit suites -- credit suisse. all of these individuals worked in that department and helped americans evade their taxes. you will of course recall that they settled with the government, paid a hefty fine some years ago, tried to address the concerns that were brought forward by the justice department, by the u.s. government, but there are still some left over issues, if you will, and one of them is the status of these individuals in the fed has now taken an action that was previously discussed by the federal reserve but now official, to ban them from the federal banking industry, not clear entirely what this means is them, but there certainly no chance for them to do banking work in the united states. some great news from the fed on an old issue involving bankers. alix: thank you so much, peter cook, our chief washington correspondent. i'm joined now by joe weisenthal. joe, it was sort of a bumpy day .or stocks at one point it almost cl