of the rule that might have been relevant, and again, we're still looking at that situation as our odcen the control of governance aspects of it. and that might have potentially changed the outcome. >> mark and then we'll go to greg ross. >> mark gregory, bbc. how much worse will the situation in europe have to get before it starts seriously denting the prospects for recovery in the american economy and thus really changing the direction of fed's policymaking? >> well, we hope it doesn't get worse. i think it's already one of the factors that has been a drag on the u.s. recovery. not the only factor by any means.recovery. not the only factor. there are a number of others that i mentioned, but it's been having an effect on other countries as well. countries that export to europe. so it is a significant issue. we are hopeful that europe will take additional measures and do all that's necessary to stabilize the situation and to provide the basis for an on going stable structure in which banks and sovereigns are both stabilized and there is a program for growth, and in which fiscal arrange