he's stuart schweitzer, vice chairman of j.p. morgan private bank. stu, nice to see you. >> always a pleasure. >> susie: are you investing more in the u.s.? >> we have been. we've been investing less heavily in equities overall than we normally would but we've had a tilt in favor of the u.s. basically the u.s. looks like the best house in a bad neighborhood. >> susie: european leaders are meeting this week in brussels for another summit. how hopeful, how doubtful are you that they can come up with some kind of solution, some kind of plan to fix this financial crisis? >> oh, i think they'll-- they'll make small steps, susie, but two points here. first of all, whatever they may agree on or appear to agree on at their summit at the end of the week, the odds are that just as we heard fromangula merkel today, throwing cold water in advance of the summit, afterwards we'll probably hear more cold water thrown on whatever deal is cooked up because it's still not clear who's going to be willing to bear the brunt of the costs here of all these bad debts. and t