When you look at [Merrill] vs. a year ago, during all the stresses in the financial system in August and September, they refocused their risk management capabilities.

Morgan Stanley has a leg up because they've been there and done that. The Lombard acquisition was really a perfect edge for them in that it gave them a nice window into the world of online trading.

It's a very smart investment. By and large, customers want the ease of access and the ability to do research during the off-hours.

In North America, there aren't too many big places to go, so you find that pretty much all of the best talent in the world ends up filtering through WWE.

So all the stuff on Aspen Mountain fell off the list.

If I see one more forensics show, I'm gonna throw up.