 The wish list is a long one and the elements are hard to achieve, but just to go through a few of the elements that I would like to see in place, certainly there needs to be a more coordinated, comprehensive and international approach to financial regulation that takes into account local financial integration. I think we need enhanced firewalls in the form of liquidity facilities in multiple currencies and probably enhanced resources on the part of the IMF. I also feel that a big element in the problems we've seen is the absence of any credible and transparent procedures for resolving large global financial institutions that get into trouble, winding them down in a relatively non-disruptive way, or winding down sovereigns who need to restructure their debt. If credible mechanisms of that sort were in place, I think it would go far toward discouraging the sort of risky behavior on the parts of financial institutions and even some governments that help lead to the current crisis.