e that he had a victory when he was able to have an appeals court look at the fraud charges thatliot spitzer thrown out. the new question is is the martin act constitutional? i'm wondering what you feel about this martin act, and whether or not we see a real big impact, if in fact this martin act is ruled or deemed unconstitutional. what does that mean for this case and other cases like it? >> certainly if it was deemed unconstitutional, you take away what has been a very powerful weapon for new york attorneys general for some time. certainly that act has been expanded in it's reach beyond the original purpose which was to get it boiler room operations into a comprehensive financial institutions regulatory statute. so if it is declared unconstitutional, yes, that's an important result. >> all right, we will be watching that. thank you for being on the program and for your insights. >> that was terrific, what a fascinating guy he is. we have about 13 minutes left of the trading day to go. >> wall street and your quality feeling the fallout today. will it carry over into next week? we'll check