Investment banking pipeline is growing with emphasis still in financial services, but opportunities exist in all traditional segments. Q4 volume already significant and larger than the foregoing. The guy from Barclays asked a long list of questions as they have to sell AI's stock, but his questions really brought the totality of the opportunity with emergent FBCM into focus. When I think back to the group that bought into FBCM when it was separated from the REIT but still had that pirate Eric Billings in control, I have pity for that investor. This is now the cost control, management alignment with stockholders and talent base that they probably wished they'd had. FBCM won't trade for a small hat size for much longer.