I was at this company called First Trust at the time actually you would love the CEO it's a private company he wipes his name off the internet you can't find him anywhere. I have a lot of respect for him because the culture that he's built and he has this one economist Brian Westbury on Twitter who doesn't follow the narrative at all. In 2008 they changed the mark to market accounting regulations and what they did is they changed that for the banks so imagine billions of dollars worth of loans right? The second that they change mark to marketAccounting is when the V shaped recovery happens, says Peter Navarrette.