mr. goldman. the program. it does seem that there's not much to celebrate with scandal after scandal being quite literally on earth. i mean, how is this reverberating with the people that you're meeting, all those that you're talking to on your shows. i would say i've been watching it through most of the day and we're the last time zone. of course, you're in vancouver. so watching it throughout the day on television, on line words that you wouldn't associate in previous years for our nation's birth, subdued, somber reflective. you shut off the top, you reporter, just talked about shame, answers needed. and the story has broken so quickly, but has been there for some time. so i can also say 1st hand seeing in my city blocks from where i live in downtown vancouver, a number of protest rallies, marches today. so i think it would be difficult to, to celebrate after what we've seen come out in the last $2.00 to $3.00 weeks. and this is certainly not the end of the story. and the politicians often do offer an apolog

goldman sachs' return on equity of almost when he 4%. so this game -- almost 24%. so this game of efficiency continues to play out on wall street. tom: mrs this note was put together by people sitting in an office. that was a joke, folks. e*trade, eaton vance and the rest, are they a part of the earnings story? sonali: they are a germane part, a huge part of the company. we will watch morgan stanley go throughout this integration throughout the year. we want to see how that impacts the investment bank. have they been keeping up the focus of the investment bank while integrating these two businesses? this market is ultra hot, and which morgan stanley for years has competed neck and neck with goldman sachs. it's price-to-book ratio is more rich than goldman sachs is trading at right now. the trade-off is truly staggering, as morgan stanley's texture of the bank changes. lisa: that's exactly where i went to go because i looked at goldman sachs shares in premarket trading as a comparison, also lower by about 0.8%. just the knee-jerk reaction is more for morgan stanley, even though for the most part, these are beats across the board, except