I respectedeverybodyinthisroomisatthehighestlevel.
HaverespectedBrian, please.
Thankyou, MrPresident.
ThankyouforbringingustogetherCEOsof a largebankhere.
I wantyoutoknowthatwerebecauseofalltheworkdoneon a capitalliquidityandallthethingsaswelookforwardtouncertaintyduetothevirusandoilpricechangeswereverystrongcapitalizedwhereyouareingreatpositionintermsofliquidity, capitalandstrength.
ManywaysweregoingatseveralchallengesatthesametimewewokeuporwewentthroughSundayand a precipitousdropinoilpricesandweneededtodealwiththatwhenthemarketopenedonMonday.
Clearly, Coronaisfrontofmineforeverybody, notjusthereinthe U.
S.
And I thinkthemarket's goingthrough a periodoftryingtogetpricediscoveryand I thinkalsotryingtofigureoutwhatistheintermediate, longertermhealthoftheeconomyand I thinkwhatwesaw.
Wesawsomefearsonthebackofthoseontalkaboutpotentialrecessiononthebackofthoseand I thinkthemarket's goingthroughdiscoveryphaseandreallytryingtofigureoutwhatearningsweregoingtolooklikeandwherevaluationsshouldbe.
I thinkthegoodnewsisthatthemarketshaveperformedintheorderlyway.
Theinfrastructurethatsupportsthemarkets, I thinkhasheldupthroughsomeprettygoodtests.
There's beensomestrangealongtheway, but I thinkit's heldupwellandit's beenit's beenorderlyandasBriansaid, fromthebankingperspective, we'reheretohelpyouwanttoprovideliquidity.
Wewannalendtooursmallbusinesses.
Wewanttobesupportingourconsumerclients.
Thankyouverymuch.
Well, that's true.
But I thinkpriortotheCoronavirusitwasItwasjustallgo.