numbers increased significantly at the c.i.o." as responded" these results i understand them that the synthetic credit portfolio could ose $600 billion in one year." you forwarded the e-mail to london and you called the result garbage. you wrote, "we got c.r.m. numbers and they look like garbage as far as i can tell. you and your colleagues complained about the c.r.m. analysis to the head of quantitive research to the whole bank," if you look at exhibit 49, which includes an e-mail dated march 7. on the bottom of the page to all three of you and others, explain that the c.r.i.'s portfolio got bigger in january and february, which is why the risk of losing so much money also shot up. here's what he wrote, which is at the bottom of the that page on exhibit 49. "based on our models, we believe the $3 billion increase in our w.a., which is references to the c.r.m. is explained by an increase in short protection, long risk in our portfolio between january and february." pete weiland in your office confirmed this. mr. weiland, since the

let's bring in bill greiner, the c.i.o. ealth advisers and number 4 on barron's top 100 financial advisers. he's your "fast money" adviser tonight and will bring you the best ideas for a longer-term asset allocation and retirement planning. great to have you with us, bill. >> pleasure. thanks for having me. >> how should your portfolio look in this kind of a market? >> the area we're looking at right now as far as fresh capital is concerned, we're asking ourselves the question of has the train left the station as far as the markets are concerned? we really don't think they have. but the area in the world we're look at -- and we really look worldwide for opportunities, and the opportunities we're seeing right now we're looking for quality and growth and also valuation. the area we're look at very closely are the emerging markets. and this is an area that a lot of people haven't talked about over the last year or so because the emerging markets in dollar terms are down about 1% over the last 12 months as compared to the s&p an

on another note on bipartisanship, the chamber of commerce and the c.i.o. says that big business and major labor unions appear to end a fight over low-skilled egotiations. that story from the associated press and we'll hear from the head of a.f.l. -- c.i.o. he'll talk about visa programs for workers from other countries and what they should be paid in the u.s. and how the company wants a system of wage rates that ensure u.s. workers won't be hurt by foreign workers. more on wages on "washington journal." we'll talk about payroll taxes and wages. then president obama named juliet peterson as the new secret service director. we'll talk about the mission, the role of the agency. that is followed by the influence of the glock pistol in the united states. all of that on "washington journal" starting live tomorrow 7:00 a.m. eastern. next investigative journalist seymour hersh talks to journalist students about using unanimous sources. we won the pulitzer prize for the coverup in the vietnam war. this is about an hour and a half . [applause] >> thank you. investiga