Stockbrokers, You Know, Are You Managing Capital?

Micheal: So far, everyone's just going along for the ride while it's working. And we don't think it's going to work too much longer. It seems what's driving a lot of this is that things aren't as bad as people were fearing a few months ago. Even though the earnings results are the forecasts are coming down, they're not coming down as much as people thought. We're still seing a lot of downward revisions going forward.