WEBVTT	#Elemental Media Engine(TM) 2.16.0.602248

00:00:01.534 --> 00:00:01.601
DAY

00:00:01.601 --> 00:00:01.868
DAY AND

00:00:01.868 --> 00:00:02.168
DAY AND TICK

00:00:02.168 --> 00:00:02.369
DAY AND TICK HIGHER

00:00:02.369 --> 00:00:02.502
DAY AND TICK HIGHER AS

00:00:02.502 --> 00:00:02.969
DAY AND TICK HIGHER AS WE

00:00:02.969 --> 00:00:03.136
DAY AND TICK HIGHER AS WE GO

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DAY AND TICK HIGHER AS WE GO
INTO

00:00:03.336 --> 00:00:03.570
DAY AND TICK HIGHER AS WE GO
INTO THE

00:00:03.570 --> 00:00:03.603
DAY AND TICK HIGHER AS WE GO
INTO THE CLOSE

00:00:03.603 --> 00:00:03.737
INTO THE CLOSE

00:00:03.737 --> 00:00:03.870
INTO THE CLOSE
THREE

00:00:03.870 --> 00:00:04.070
INTO THE CLOSE
THREE MINUTES

00:00:04.070 --> 00:00:04.170
INTO THE CLOSE
THREE MINUTES LEFT

00:00:04.170 --> 00:00:07.640
INTO THE CLOSE
THREE MINUTES LEFT OF

00:00:07.640 --> 00:00:07.674
INTO THE CLOSE
THREE MINUTES LEFT OF TRADE.

00:00:07.674 --> 00:00:07.841
THREE MINUTES LEFT OF TRADE.

00:00:07.841 --> 00:00:08.408
THREE MINUTES LEFT OF TRADE.
GOLDMAN

00:00:08.408 --> 00:00:09.642
THREE MINUTES LEFT OF TRADE.
GOLDMAN SACHS

00:00:09.642 --> 00:00:09.743
THREE MINUTES LEFT OF TRADE.
GOLDMAN SACHS EXPECTINGING

00:00:09.743 --> 00:00:09.776
THREE MINUTES LEFT OF TRADE.
GOLDMAN SACHS EXPECTINGING S&P

00:00:09.776 --> 00:00:09.876
GOLDMAN SACHS EXPECTINGING S&P

00:00:09.876 --> 00:00:10.043
GOLDMAN SACHS EXPECTINGING S&P
500

00:00:10.043 --> 00:00:10.076
GOLDMAN SACHS EXPECTINGING S&P
500 BUYBACKS

00:00:10.076 --> 00:00:10.176
GOLDMAN SACHS EXPECTINGING S&P
500 BUYBACKS TO

00:00:10.176 --> 00:00:10.210
GOLDMAN SACHS EXPECTINGING S&P
500 BUYBACKS TO FALL

00:00:10.210 --> 00:00:10.477
500 BUYBACKS TO FALL

00:00:10.477 --> 00:00:10.577
500 BUYBACKS TO FALL
SIGNIFICANTLY

00:00:10.577 --> 00:00:10.677
500 BUYBACKS TO FALL
SIGNIFICANTLY THIS

00:00:10.677 --> 00:00:10.710
500 BUYBACKS TO FALL
SIGNIFICANTLY THIS YEAR.

00:00:10.710 --> 00:00:10.810
SIGNIFICANTLY THIS YEAR.

00:00:10.810 --> 00:00:11.077
SIGNIFICANTLY THIS YEAR.
THE

00:00:11.077 --> 00:00:11.478
SIGNIFICANTLY THIS YEAR.
THE FIRM

00:00:11.478 --> 00:00:11.611
SIGNIFICANTLY THIS YEAR.
THE FIRM ESTIMATING

00:00:11.611 --> 00:00:14.247
SIGNIFICANTLY THIS YEAR.
THE FIRM ESTIMATING A

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SIGNIFICANTLY THIS YEAR.
THE FIRM ESTIMATING A 50%

00:00:14.414 --> 00:00:14.447
SIGNIFICANTLY THIS YEAR.
THE FIRM ESTIMATING A 50% DROP

00:00:14.447 --> 00:00:15.415
THE FIRM ESTIMATING A 50% DROP

00:00:15.415 --> 00:00:15.682
THE FIRM ESTIMATING A 50% DROP
IN

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THE FIRM ESTIMATING A 50% DROP
IN REPURCHASES

00:00:15.849 --> 00:00:16.616
THE FIRM ESTIMATING A 50% DROP
IN REPURCHASES TO

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THE FIRM ESTIMATING A 50% DROP
IN REPURCHASES TO $371

00:00:17.050 --> 00:00:17.083
THE FIRM ESTIMATING A 50% DROP
IN REPURCHASES TO $371 BILLION

00:00:17.083 --> 00:00:17.217
IN REPURCHASES TO $371 BILLION

00:00:17.217 --> 00:00:17.684
IN REPURCHASES TO $371 BILLION
WHILE

00:00:17.684 --> 00:00:18.184
IN REPURCHASES TO $371 BILLION
WHILE MAJOR

00:00:18.184 --> 00:00:18.518
IN REPURCHASES TO $371 BILLION
WHILE MAJOR AIRLINES

00:00:18.518 --> 00:00:18.885
IN REPURCHASES TO $371 BILLION
WHILE MAJOR AIRLINES AND

00:00:18.885 --> 00:00:18.918
IN REPURCHASES TO $371 BILLION
WHILE MAJOR AIRLINES AND BANKS

00:00:18.918 --> 00:00:19.152
WHILE MAJOR AIRLINES AND BANKS

00:00:19.152 --> 00:00:19.953
WHILE MAJOR AIRLINES AND BANKS
HAVE

00:00:19.953 --> 00:00:20.353
WHILE MAJOR AIRLINES AND BANKS
HAVE ALREADY

00:00:20.353 --> 00:00:20.754
WHILE MAJOR AIRLINES AND BANKS
HAVE ALREADY SUSPENDED

00:00:20.754 --> 00:00:20.787
WHILE MAJOR AIRLINES AND BANKS
HAVE ALREADY SUSPENDED THEIR

00:00:20.787 --> 00:00:21.321
HAVE ALREADY SUSPENDED THEIR

00:00:21.321 --> 00:00:21.955
HAVE ALREADY SUSPENDED THEIR
BUYBACK

00:00:21.955 --> 00:00:22.589
HAVE ALREADY SUSPENDED THEIR
BUYBACK PROGRAMS,

00:00:22.589 --> 00:00:22.756
HAVE ALREADY SUSPENDED THEIR
BUYBACK PROGRAMS, GOLDMAN

00:00:22.756 --> 00:00:25.759
BUYBACK PROGRAMS, GOLDMAN

00:00:25.759 --> 00:00:25.925
BUYBACK PROGRAMS, GOLDMAN
EXPECTS

00:00:25.925 --> 00:00:25.992
BUYBACK PROGRAMS, GOLDMAN
EXPECTS DECLINES

00:00:25.992 --> 00:00:26.059
BUYBACK PROGRAMS, GOLDMAN
EXPECTS DECLINES FROM

00:00:26.059 --> 00:00:26.359
EXPECTS DECLINES FROM

00:00:26.359 --> 00:00:26.426
EXPECTS DECLINES FROM
SEMICONDUCTORS

00:00:26.426 --> 00:00:26.459
EXPECTS DECLINES FROM
SEMICONDUCTORS AND

00:00:26.459 --> 00:00:26.760
SEMICONDUCTORS AND

00:00:26.760 --> 00:00:26.926
SEMICONDUCTORS AND
PHARMACEUTICAL

00:00:26.926 --> 00:00:26.960
SEMICONDUCTORS AND
PHARMACEUTICAL COMPANIES

00:00:26.960 --> 00:00:27.060
PHARMACEUTICAL COMPANIES

00:00:27.060 --> 00:00:27.127
PHARMACEUTICAL COMPANIES
IS

00:00:27.127 --> 00:00:27.260
PHARMACEUTICAL COMPANIES
IS THIS

00:00:27.260 --> 00:00:27.427
PHARMACEUTICAL COMPANIES
IS THIS ALREADY

00:00:27.427 --> 00:00:27.494
PHARMACEUTICAL COMPANIES
IS THIS ALREADY REFLECTED

00:00:27.494 --> 00:00:27.560
PHARMACEUTICAL COMPANIES
IS THIS ALREADY REFLECTED IN

00:00:27.560 --> 00:00:27.594
PHARMACEUTICAL COMPANIES
IS THIS ALREADY REFLECTED IN THE

00:00:27.594 --> 00:00:27.727
IS THIS ALREADY REFLECTED IN THE

00:00:27.727 --> 00:00:28.128
IS THIS ALREADY REFLECTED IN THE
SHARE

00:00:28.128 --> 00:00:28.161
IS THIS ALREADY REFLECTED IN THE
SHARE PRICES

00:00:28.161 --> 00:00:28.261
SHARE PRICES

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SHARE PRICES
>>

00:00:28.294 --> 00:00:28.428
SHARE PRICES
>> I

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SHARE PRICES
>> I THINK

00:00:28.661 --> 00:00:28.995
SHARE PRICES
>> I THINK TO

00:00:28.995 --> 00:00:29.229
SHARE PRICES
>> I THINK TO A

00:00:29.229 --> 00:00:29.596
SHARE PRICES
>> I THINK TO A LARGE

00:00:29.596 --> 00:00:29.763
SHARE PRICES
>> I THINK TO A LARGE DEGREE,

00:00:29.763 --> 00:00:29.863
>> I THINK TO A LARGE DEGREE,

00:00:29.863 --> 00:00:29.963
>> I THINK TO A LARGE DEGREE,
YOU

00:00:29.963 --> 00:00:30.063
>> I THINK TO A LARGE DEGREE,
YOU WOULD

00:00:30.063 --> 00:00:30.163
>> I THINK TO A LARGE DEGREE,
YOU WOULD HAVE

00:00:30.163 --> 00:00:30.330
>> I THINK TO A LARGE DEGREE,
YOU WOULD HAVE TO

00:00:30.330 --> 00:00:30.463
>> I THINK TO A LARGE DEGREE,
YOU WOULD HAVE TO THINK

00:00:30.463 --> 00:00:30.897
>> I THINK TO A LARGE DEGREE,
YOU WOULD HAVE TO THINK WHEN

00:00:30.897 --> 00:00:30.930
>> I THINK TO A LARGE DEGREE,
YOU WOULD HAVE TO THINK WHEN THE

00:00:30.930 --> 00:00:31.031
YOU WOULD HAVE TO THINK WHEN THE

00:00:31.031 --> 00:00:32.732
YOU WOULD HAVE TO THINK WHEN THE
S&P

00:00:32.732 --> 00:00:32.866
YOU WOULD HAVE TO THINK WHEN THE
S&P 500

00:00:32.866 --> 00:00:32.899
YOU WOULD HAVE TO THINK WHEN THE
S&P 500 ITSELF

00:00:32.899 --> 00:00:32.999
YOU WOULD HAVE TO THINK WHEN THE
S&P 500 ITSELF IS

00:00:32.999 --> 00:00:33.066
YOU WOULD HAVE TO THINK WHEN THE
S&P 500 ITSELF IS DOWN

00:00:33.066 --> 00:00:33.166
YOU WOULD HAVE TO THINK WHEN THE
S&P 500 ITSELF IS DOWN OVER

00:00:33.166 --> 00:00:33.333
YOU WOULD HAVE TO THINK WHEN THE
S&P 500 ITSELF IS DOWN OVER 20%

00:00:33.333 --> 00:00:33.466
S&P 500 ITSELF IS DOWN OVER 20%

00:00:33.466 --> 00:00:33.933
S&P 500 ITSELF IS DOWN OVER 20%
FROM

00:00:33.933 --> 00:00:34.100
S&P 500 ITSELF IS DOWN OVER 20%
FROM ITS

00:00:34.100 --> 00:00:34.401
S&P 500 ITSELF IS DOWN OVER 20%
FROM ITS HIGH,

00:00:34.401 --> 00:00:35.201
S&P 500 ITSELF IS DOWN OVER 20%
FROM ITS HIGH, FELL

00:00:35.201 --> 00:00:35.235
S&P 500 ITSELF IS DOWN OVER 20%
FROM ITS HIGH, FELL 30%.

00:00:35.235 --> 00:00:35.435
FROM ITS HIGH, FELL 30%.

00:00:35.435 --> 00:00:35.535
FROM ITS HIGH, FELL 30%.
OBVIOUSLY

00:00:35.535 --> 00:00:35.568
FROM ITS HIGH, FELL 30%.
OBVIOUSLY THIS

00:00:35.568 --> 00:00:36.069
FROM ITS HIGH, FELL 30%.
OBVIOUSLY THIS IS

00:00:36.069 --> 00:00:36.569
FROM ITS HIGH, FELL 30%.
OBVIOUSLY THIS IS A

00:00:36.569 --> 00:00:36.603
FROM ITS HIGH, FELL 30%.
OBVIOUSLY THIS IS A CYCLICAL

00:00:36.603 --> 00:00:36.770
OBVIOUSLY THIS IS A CYCLICAL

00:00:36.770 --> 00:00:36.803
OBVIOUSLY THIS IS A CYCLICAL
THING.

00:00:36.803 --> 00:00:36.903
THING.

00:00:36.903 --> 00:00:37.070
THING.
AND

00:00:37.070 --> 00:00:37.137
THING.
AND ONE

00:00:37.137 --> 00:00:37.404
THING.
AND ONE OF

00:00:37.404 --> 00:00:38.938
THING.
AND ONE OF THE

00:00:38.938 --> 00:00:39.205
THING.
AND ONE OF THE BIG

00:00:39.205 --> 00:00:39.472
THING.
AND ONE OF THE BIG DRIVERS

00:00:39.472 --> 00:00:39.639
THING.
AND ONE OF THE BIG DRIVERS OF

00:00:39.639 --> 00:00:39.739
AND ONE OF THE BIG DRIVERS OF

00:00:39.739 --> 00:00:39.973
AND ONE OF THE BIG DRIVERS OF
THE

00:00:39.973 --> 00:00:41.641
AND ONE OF THE BIG DRIVERS OF
THE BULL

00:00:41.641 --> 00:00:41.775
AND ONE OF THE BIG DRIVERS OF
THE BULL MARKET,

00:00:41.775 --> 00:00:41.908
AND ONE OF THE BIG DRIVERS OF
THE BULL MARKET, FEW

00:00:41.908 --> 00:00:42.142
AND ONE OF THE BIG DRIVERS OF
THE BULL MARKET, FEW OF

00:00:42.142 --> 00:00:42.842
AND ONE OF THE BIG DRIVERS OF
THE BULL MARKET, FEW OF THE

00:00:42.842 --> 00:00:43.610
AND ONE OF THE BIG DRIVERS OF
THE BULL MARKET, FEW OF THE BIG

00:00:43.610 --> 00:00:44.077
THE BULL MARKET, FEW OF THE BIG

00:00:44.077 --> 00:00:44.110
THE BULL MARKET, FEW OF THE BIG
DRIVERS.

00:00:44.110 --> 00:00:44.310
DRIVERS.

00:00:44.310 --> 00:00:46.379
DRIVERS.
GENEROUS

00:00:46.379 --> 00:00:46.579
DRIVERS.
GENEROUS CREDIT

00:00:46.579 --> 00:00:46.613
DRIVERS.
GENEROUS CREDIT MARKETS,

00:00:46.613 --> 00:00:47.781
GENEROUS CREDIT MARKETS,

00:00:47.781 --> 00:00:48.014
GENEROUS CREDIT MARKETS,
CONSISTENT

00:00:48.014 --> 00:00:48.081
GENEROUS CREDIT MARKETS,
CONSISTENT ACTIVITY,

00:00:48.081 --> 00:00:49.983
GENEROUS CREDIT MARKETS,
CONSISTENT ACTIVITY, HAVE

00:00:49.983 --> 00:00:50.016
GENEROUS CREDIT MARKETS,
CONSISTENT ACTIVITY, HAVE BEEN

00:00:50.016 --> 00:00:50.183
CONSISTENT ACTIVITY, HAVE BEEN

00:00:50.183 --> 00:00:50.250
CONSISTENT ACTIVITY, HAVE BEEN
RUNNING

00:00:50.250 --> 00:00:52.952
CONSISTENT ACTIVITY, HAVE BEEN
RUNNING IN

00:00:52.952 --> 00:00:52.986
CONSISTENT ACTIVITY, HAVE BEEN
RUNNING IN REVERSE

00:00:52.986 --> 00:00:53.186
RUNNING IN REVERSE

00:00:53.186 --> 00:00:53.420
RUNNING IN REVERSE
WOULDN'T

00:00:53.420 --> 00:00:53.453
RUNNING IN REVERSE
WOULDN'T CONFUSE

00:00:53.453 --> 00:00:53.553
RUNNING IN REVERSE
WOULDN'T CONFUSE IT

00:00:53.553 --> 00:00:53.686
RUNNING IN REVERSE
WOULDN'T CONFUSE IT WITH

00:00:53.686 --> 00:00:53.720
RUNNING IN REVERSE
WOULDN'T CONFUSE IT WITH WHETHER

00:00:53.720 --> 00:00:53.820
WOULDN'T CONFUSE IT WITH WHETHER

00:00:53.820 --> 00:00:53.953
WOULDN'T CONFUSE IT WITH WHETHER
THE

00:00:53.953 --> 00:00:54.020
WOULDN'T CONFUSE IT WITH WHETHER
THE MARKETS

00:00:54.020 --> 00:00:54.087
WOULDN'T CONFUSE IT WITH WHETHER
THE MARKETS CAN

00:00:54.087 --> 00:00:54.154
WOULDN'T CONFUSE IT WITH WHETHER
THE MARKETS CAN IN

00:00:54.154 --> 00:00:54.287
WOULDN'T CONFUSE IT WITH WHETHER
THE MARKETS CAN IN FACT

00:00:54.287 --> 00:00:54.320
WOULDN'T CONFUSE IT WITH WHETHER
THE MARKETS CAN IN FACT BOTTOM

00:00:54.320 --> 00:00:54.421
THE MARKETS CAN IN FACT BOTTOM

00:00:54.421 --> 00:00:54.554
THE MARKETS CAN IN FACT BOTTOM
AND

00:00:54.554 --> 00:00:54.687
THE MARKETS CAN IN FACT BOTTOM
AND RECOVER

00:00:54.687 --> 00:00:55.622
THE MARKETS CAN IN FACT BOTTOM
AND RECOVER WITHOUT

00:00:55.622 --> 00:00:55.655
THE MARKETS CAN IN FACT BOTTOM
AND RECOVER WITHOUT BUYBACKS

00:00:55.655 --> 00:00:55.955
AND RECOVER WITHOUT BUYBACKS

00:00:55.955 --> 00:00:56.389
AND RECOVER WITHOUT BUYBACKS
IF

00:00:56.389 --> 00:00:56.689
AND RECOVER WITHOUT BUYBACKS
IF YOU

00:00:56.689 --> 00:00:58.892
AND RECOVER WITHOUT BUYBACKS
IF YOU LOOK

00:00:58.892 --> 00:00:58.925
AND RECOVER WITHOUT BUYBACKS
IF YOU LOOK BACK

00:00:58.925 --> 00:00:59.025
AND RECOVER WITHOUT BUYBACKS
IF YOU LOOK BACK TO

00:00:59.025 --> 00:00:59.092
AND RECOVER WITHOUT BUYBACKS
IF YOU LOOK BACK TO 2009,

00:00:59.092 --> 00:00:59.159
AND RECOVER WITHOUT BUYBACKS
IF YOU LOOK BACK TO 2009, THE

00:00:59.159 --> 00:00:59.325
IF YOU LOOK BACK TO 2009, THE

00:00:59.325 --> 00:00:59.392
IF YOU LOOK BACK TO 2009, THE
TOTALS

00:00:59.392 --> 00:00:59.426
IF YOU LOOK BACK TO 2009, THE
TOTALS WERE

00:00:59.426 --> 00:00:59.592
IF YOU LOOK BACK TO 2009, THE
TOTALS WERE A

00:00:59.592 --> 00:00:59.626
IF YOU LOOK BACK TO 2009, THE
TOTALS WERE A FRACTION

00:00:59.626 --> 00:00:59.726
IF YOU LOOK BACK TO 2009, THE
TOTALS WERE A FRACTION OF

00:00:59.726 --> 00:00:59.759
IF YOU LOOK BACK TO 2009, THE
TOTALS WERE A FRACTION OF WHAT

00:00:59.759 --> 00:00:59.893
TOTALS WERE A FRACTION OF WHAT

00:00:59.893 --> 00:00:59.959
TOTALS WERE A FRACTION OF WHAT
THEY

00:00:59.959 --> 00:01:00.593
TOTALS WERE A FRACTION OF WHAT
THEY WERE

00:01:00.593 --> 00:01:00.827
TOTALS WERE A FRACTION OF WHAT
THEY WERE IN

00:01:00.827 --> 00:01:00.860
TOTALS WERE A FRACTION OF WHAT
THEY WERE IN 2007.

00:01:00.860 --> 00:01:03.463
THEY WERE IN 2007.

00:01:03.463 --> 00:01:03.596
THEY WERE IN 2007.
AND

00:01:03.596 --> 00:01:03.830
THEY WERE IN 2007.
AND DIDN'T

00:01:03.830 --> 00:01:03.963
THEY WERE IN 2007.
AND DIDN'T REALLY

00:01:03.963 --> 00:01:04.030
THEY WERE IN 2007.
AND DIDN'T REALLY COME

00:01:04.030 --> 00:01:04.164
THEY WERE IN 2007.
AND DIDN'T REALLY COME BACK

00:01:04.164 --> 00:01:04.197
THEY WERE IN 2007.
AND DIDN'T REALLY COME BACK EVEN

00:01:04.197 --> 00:01:04.330
AND DIDN'T REALLY COME BACK EVEN

00:01:04.330 --> 00:01:04.397
AND DIDN'T REALLY COME BACK EVEN
THAT

00:01:04.397 --> 00:01:04.464
AND DIDN'T REALLY COME BACK EVEN
THAT MUCH

00:01:04.464 --> 00:01:04.531
AND DIDN'T REALLY COME BACK EVEN
THAT MUCH IN

00:01:04.531 --> 00:01:04.597
AND DIDN'T REALLY COME BACK EVEN
THAT MUCH IN THE

00:01:04.597 --> 00:01:04.697
AND DIDN'T REALLY COME BACK EVEN
THAT MUCH IN THE NEXT

00:01:04.697 --> 00:01:04.764
AND DIDN'T REALLY COME BACK EVEN
THAT MUCH IN THE NEXT YEAR,

00:01:04.764 --> 00:01:04.831
AND DIDN'T REALLY COME BACK EVEN
THAT MUCH IN THE NEXT YEAR, BUT

00:01:04.831 --> 00:01:04.931
THAT MUCH IN THE NEXT YEAR, BUT

00:01:04.931 --> 00:01:05.065
THAT MUCH IN THE NEXT YEAR, BUT
THE

00:01:05.065 --> 00:01:05.131
THAT MUCH IN THE NEXT YEAR, BUT
THE MARKET

00:01:05.131 --> 00:01:05.231
THAT MUCH IN THE NEXT YEAR, BUT
THE MARKET DID

00:01:05.231 --> 00:01:05.265
THAT MUCH IN THE NEXT YEAR, BUT
THE MARKET DID START

00:01:05.265 --> 00:01:05.398
THAT MUCH IN THE NEXT YEAR, BUT
THE MARKET DID START TO

00:01:05.398 --> 00:01:05.465
THAT MUCH IN THE NEXT YEAR, BUT
THE MARKET DID START TO RECOVER

00:01:05.465 --> 00:01:08.101
THE MARKET DID START TO RECOVER

00:01:08.101 --> 00:01:08.234
THE MARKET DID START TO RECOVER
VERY

00:01:08.234 --> 00:01:09.536
THE MARKET DID START TO RECOVER
VERY STRONGLY

00:01:09.536 --> 00:01:09.636
THE MARKET DID START TO RECOVER
VERY STRONGLY IN

00:01:09.636 --> 00:01:09.736
THE MARKET DID START TO RECOVER
VERY STRONGLY IN EARLY

00:01:09.736 --> 00:01:09.769
THE MARKET DID START TO RECOVER
VERY STRONGLY IN EARLY 2009.

00:01:09.769 --> 00:01:09.869
VERY STRONGLY IN EARLY 2009.

00:01:09.869 --> 00:01:09.936
VERY STRONGLY IN EARLY 2009.
SO

00:01:09.936 --> 00:01:10.070
VERY STRONGLY IN EARLY 2009.
SO ONCE

00:01:10.070 --> 00:01:10.136
VERY STRONGLY IN EARLY 2009.
SO ONCE YOU'VE

00:01:10.136 --> 00:01:10.236
VERY STRONGLY IN EARLY 2009.
SO ONCE YOU'VE BEEN

00:01:10.236 --> 00:01:10.270
VERY STRONGLY IN EARLY 2009.
SO ONCE YOU'VE BEEN KIND

00:01:10.270 --> 00:01:10.336
VERY STRONGLY IN EARLY 2009.
SO ONCE YOU'VE BEEN KIND OF

00:01:10.336 --> 00:01:10.503
SO ONCE YOU'VE BEEN KIND OF

00:01:10.503 --> 00:01:10.537
SO ONCE YOU'VE BEEN KIND OF
BEATEN

00:01:10.537 --> 00:01:10.637
SO ONCE YOU'VE BEEN KIND OF
BEATEN UP

00:01:10.637 --> 00:01:10.737
SO ONCE YOU'VE BEEN KIND OF
BEATEN UP THIS

00:01:10.737 --> 00:01:10.770
SO ONCE YOU'VE BEEN KIND OF
BEATEN UP THIS MUCH,

00:01:10.770 --> 00:01:12.705
SO ONCE YOU'VE BEEN KIND OF
BEATEN UP THIS MUCH, IT

00:01:12.705 --> 00:01:12.872
SO ONCE YOU'VE BEEN KIND OF
BEATEN UP THIS MUCH, IT SEEMS

00:01:12.872 --> 00:01:13.006
BEATEN UP THIS MUCH, IT SEEMS

00:01:13.006 --> 00:01:13.606
BEATEN UP THIS MUCH, IT SEEMS
LIKE

00:01:13.606 --> 00:01:14.774
BEATEN UP THIS MUCH, IT SEEMS
LIKE THE

00:01:14.774 --> 00:01:14.841
BEATEN UP THIS MUCH, IT SEEMS
LIKE THE DRYING

00:01:14.841 --> 00:01:14.874
BEATEN UP THIS MUCH, IT SEEMS
LIKE THE DRYING UP

00:01:14.874 --> 00:01:15.008
BEATEN UP THIS MUCH, IT SEEMS
LIKE THE DRYING UP OF

00:01:15.008 --> 00:01:15.075
BEATEN UP THIS MUCH, IT SEEMS
LIKE THE DRYING UP OF SELLING

00:01:15.075 --> 00:01:15.108
BEATEN UP THIS MUCH, IT SEEMS
LIKE THE DRYING UP OF SELLING IS

00:01:15.108 --> 00:01:15.208
LIKE THE DRYING UP OF SELLING IS

00:01:15.208 --> 00:01:15.308
LIKE THE DRYING UP OF SELLING IS
THE

00:01:15.308 --> 00:01:15.408
LIKE THE DRYING UP OF SELLING IS
THE THING

00:01:15.408 --> 00:01:15.508
LIKE THE DRYING UP OF SELLING IS
THE THING THAT

00:01:15.508 --> 00:01:15.608
LIKE THE DRYING UP OF SELLING IS
THE THING THAT REALLY

00:01:15.608 --> 00:01:15.675
LIKE THE DRYING UP OF SELLING IS
THE THING THAT REALLY GETS

00:01:15.675 --> 00:01:15.708
LIKE THE DRYING UP OF SELLING IS
THE THING THAT REALLY GETS THE

00:01:15.708 --> 00:01:15.875
THE THING THAT REALLY GETS THE

00:01:15.875 --> 00:01:16.810
THE THING THAT REALLY GETS THE
MARKET

00:01:16.810 --> 00:01:17.444
THE THING THAT REALLY GETS THE
MARKET TO

00:01:17.444 --> 00:01:17.477
THE THING THAT REALLY GETS THE
MARKET TO BOTTOM

00:01:17.477 --> 00:01:17.577
MARKET TO BOTTOM

00:01:17.577 --> 00:01:17.777
MARKET TO BOTTOM
>>

00:01:17.777 --> 00:01:18.278
MARKET TO BOTTOM
>> EVER

00:01:18.278 --> 00:01:18.912
MARKET TO BOTTOM
>> EVER COME

00:01:18.912 --> 00:01:19.145
MARKET TO BOTTOM
>> EVER COME BACK,

00:01:19.145 --> 00:01:19.179
MARKET TO BOTTOM
>> EVER COME BACK, LINDSEY

00:01:19.179 --> 00:01:19.512
>> EVER COME BACK, LINDSEY

00:01:19.512 --> 00:01:20.046
>> EVER COME BACK, LINDSEY
ARE

00:01:20.046 --> 00:01:22.649
>> EVER COME BACK, LINDSEY
ARE BUYBACKS

00:01:22.649 --> 00:01:22.982
>> EVER COME BACK, LINDSEY
ARE BUYBACKS KIND

00:01:22.982 --> 00:01:23.049
>> EVER COME BACK, LINDSEY
ARE BUYBACKS KIND OF

00:01:23.049 --> 00:01:24.384
>> EVER COME BACK, LINDSEY
ARE BUYBACKS KIND OF OUT

00:01:24.384 --> 00:01:24.417
>> EVER COME BACK, LINDSEY
ARE BUYBACKS KIND OF OUT FOR

00:01:24.417 --> 00:01:24.551
ARE BUYBACKS KIND OF OUT FOR

00:01:24.551 --> 00:01:24.584
ARE BUYBACKS KIND OF OUT FOR
GOOD

00:01:24.584 --> 00:01:24.684
ARE BUYBACKS KIND OF OUT FOR
GOOD OR

00:01:24.684 --> 00:01:24.717
ARE BUYBACKS KIND OF OUT FOR
GOOD OR WHEN

00:01:24.717 --> 00:01:27.754
ARE BUYBACKS KIND OF OUT FOR
GOOD OR WHEN DO

00:01:27.754 --> 00:01:27.821
ARE BUYBACKS KIND OF OUT FOR
GOOD OR WHEN DO THEY

00:01:27.821 --> 00:01:27.954
ARE BUYBACKS KIND OF OUT FOR
GOOD OR WHEN DO THEY COME

00:01:27.954 --> 00:01:27.987
ARE BUYBACKS KIND OF OUT FOR
GOOD OR WHEN DO THEY COME BACK

00:01:27.987 --> 00:01:28.088
GOOD OR WHEN DO THEY COME BACK

00:01:28.088 --> 00:01:28.188
GOOD OR WHEN DO THEY COME BACK
>>

00:01:28.188 --> 00:01:28.288
GOOD OR WHEN DO THEY COME BACK
>> STOCKS

00:01:28.288 --> 00:01:28.354
GOOD OR WHEN DO THEY COME BACK
>> STOCKS HAVE

00:01:28.354 --> 00:01:28.588
GOOD OR WHEN DO THEY COME BACK
>> STOCKS HAVE BEEN

00:01:28.588 --> 00:01:28.888
GOOD OR WHEN DO THEY COME BACK
>> STOCKS HAVE BEEN SPOILED

00:01:28.888 --> 00:01:28.922
GOOD OR WHEN DO THEY COME BACK
>> STOCKS HAVE BEEN SPOILED OVER

00:01:28.922 --> 00:01:29.155
>> STOCKS HAVE BEEN SPOILED OVER

00:01:29.155 --> 00:01:29.422
>> STOCKS HAVE BEEN SPOILED OVER
THE

00:01:29.422 --> 00:01:29.522
>> STOCKS HAVE BEEN SPOILED OVER
THE LAST

00:01:29.522 --> 00:01:29.789
>> STOCKS HAVE BEEN SPOILED OVER
THE LAST COUPLE

00:01:29.789 --> 00:01:29.889
>> STOCKS HAVE BEEN SPOILED OVER
THE LAST COUPLE OF

00:01:29.889 --> 00:01:30.156
>> STOCKS HAVE BEEN SPOILED OVER
THE LAST COUPLE OF YEARS

00:01:30.156 --> 00:01:30.323
>> STOCKS HAVE BEEN SPOILED OVER
THE LAST COUPLE OF YEARS WITH

00:01:30.323 --> 00:01:30.423
THE LAST COUPLE OF YEARS WITH

00:01:30.423 --> 00:01:31.724
THE LAST COUPLE OF YEARS WITH
THE

00:01:31.724 --> 00:01:32.158
THE LAST COUPLE OF YEARS WITH
THE AMOUNT

00:01:32.158 --> 00:01:32.292
THE LAST COUPLE OF YEARS WITH
THE AMOUNT OF

00:01:32.292 --> 00:01:33.393
THE LAST COUPLE OF YEARS WITH
THE AMOUNT OF CAPITAL

00:01:33.393 --> 00:01:33.560
THE LAST COUPLE OF YEARS WITH
THE AMOUNT OF CAPITAL THEY'VE

00:01:33.560 --> 00:01:33.760
THE AMOUNT OF CAPITAL THEY'VE

00:01:33.760 --> 00:01:36.663
THE AMOUNT OF CAPITAL THEY'VE
RECEIVED

00:01:36.663 --> 00:01:36.830
THE AMOUNT OF CAPITAL THEY'VE
RECEIVED FROM

00:01:36.830 --> 00:01:36.963
THE AMOUNT OF CAPITAL THEY'VE
RECEIVED FROM COMPANIES

00:01:36.963 --> 00:01:37.063
THE AMOUNT OF CAPITAL THEY'VE
RECEIVED FROM COMPANIES SO

00:01:37.063 --> 00:01:37.163
THE AMOUNT OF CAPITAL THEY'VE
RECEIVED FROM COMPANIES SO I

00:01:37.163 --> 00:01:37.197
THE AMOUNT OF CAPITAL THEY'VE
RECEIVED FROM COMPANIES SO

00:01:37.197 --> 00:01:37.397
RECEIVED FROM COMPANIES SO

00:01:37.397 --> 00:01:37.464
RECEIVED FROM COMPANIES SO
INVESTORS

00:01:37.464 --> 00:01:37.564
RECEIVED FROM COMPANIES SO
INVESTORS I'M

00:01:37.564 --> 00:01:37.597
RECEIVED FROM COMPANIES SO
INVESTORS I'M SURE

00:01:37.597 --> 00:01:37.697
RECEIVED FROM COMPANIES SO
INVESTORS I'M SURE A

00:01:37.697 --> 00:01:37.764
RECEIVED FROM COMPANIES SO
INVESTORS I'M SURE A LITTLE

00:01:37.764 --> 00:01:37.831
RECEIVED FROM COMPANIES SO
INVESTORS I'M SURE A LITTLE SAD

00:01:37.831 --> 00:01:37.931
INVESTORS I'M SURE A LITTLE SAD

00:01:37.931 --> 00:01:37.997
INVESTORS I'M SURE A LITTLE SAD
TO

00:01:37.997 --> 00:01:38.565
INVESTORS I'M SURE A LITTLE SAD
TO SEE

00:01:38.565 --> 00:01:38.631
INVESTORS I'M SURE A LITTLE SAD
TO SEE THAT

00:01:38.631 --> 00:01:38.698
INVESTORS I'M SURE A LITTLE SAD
TO SEE THAT GO

00:01:38.698 --> 00:01:38.765
INVESTORS I'M SURE A LITTLE SAD
TO SEE THAT GO BUT

00:01:38.765 --> 00:01:38.865
INVESTORS I'M SURE A LITTLE SAD
TO SEE THAT GO BUT IT'S

00:01:38.865 --> 00:01:39.399
TO SEE THAT GO BUT IT'S

00:01:39.399 --> 00:01:39.732
TO SEE THAT GO BUT IT'S
IMPORTANT

00:01:39.732 --> 00:01:39.766
TO SEE THAT GO BUT IT'S
IMPORTANT NOW

00:01:39.766 --> 00:01:39.933
TO SEE THAT GO BUT IT'S
IMPORTANT NOW I

00:01:39.933 --> 00:01:40.967
TO SEE THAT GO BUT IT'S
IMPORTANT NOW I THINK

00:01:40.967 --> 00:01:41.000
TO SEE THAT GO BUT IT'S
IMPORTANT NOW I THINK AS

00:01:41.000 --> 00:01:41.267
IMPORTANT NOW I THINK AS

00:01:41.267 --> 00:01:41.468
IMPORTANT NOW I THINK AS
SHAREHOLDERS

00:01:41.468 --> 00:01:41.634
IMPORTANT NOW I THINK AS
SHAREHOLDERS ARE

00:01:41.634 --> 00:01:41.801
IMPORTANT NOW I THINK AS
SHAREHOLDERS ARE HAPPY

00:01:41.801 --> 00:01:42.669
IMPORTANT NOW I THINK AS
SHAREHOLDERS ARE HAPPY TO

00:01:42.669 --> 00:01:42.836
IMPORTANT NOW I THINK AS
SHAREHOLDERS ARE HAPPY TO SEE

00:01:42.836 --> 00:01:43.036
SHAREHOLDERS ARE HAPPY TO SEE

00:01:43.036 --> 00:01:43.169
SHAREHOLDERS ARE HAPPY TO SEE
COMPANIES

00:01:43.169 --> 00:01:43.269
SHAREHOLDERS ARE HAPPY TO SEE
COMPANIES REALLY

00:01:43.269 --> 00:01:43.770
SHAREHOLDERS ARE HAPPY TO SEE
COMPANIES REALLY TAKE

00:01:43.770 --> 00:01:43.937
SHAREHOLDERS ARE HAPPY TO SEE
COMPANIES REALLY TAKE THEIR

00:01:43.937 --> 00:01:44.104
COMPANIES REALLY TAKE THEIR

00:01:44.104 --> 00:01:44.170
COMPANIES REALLY TAKE THEIR
CAPITAL

00:01:44.170 --> 00:01:44.337
COMPANIES REALLY TAKE THEIR
CAPITAL AND

00:01:44.337 --> 00:01:44.471
COMPANIES REALLY TAKE THEIR
CAPITAL AND THINK

00:01:44.471 --> 00:01:44.871
COMPANIES REALLY TAKE THEIR
CAPITAL AND THINK THROUGH

00:01:44.871 --> 00:01:44.904
COMPANIES REALLY TAKE THEIR
CAPITAL AND THINK THROUGH WHAT

00:01:44.904 --> 00:01:45.071
CAPITAL AND THINK THROUGH WHAT

00:01:45.071 --> 00:01:45.171
CAPITAL AND THINK THROUGH WHAT
THEY'RE

00:01:45.171 --> 00:01:45.238
CAPITAL AND THINK THROUGH WHAT
THEY'RE DOING

00:01:45.238 --> 00:01:48.108
CAPITAL AND THINK THROUGH WHAT
THEY'RE DOING AND

00:01:48.108 --> 00:01:48.274
CAPITAL AND THINK THROUGH WHAT
THEY'RE DOING AND PRESERVE

00:01:48.274 --> 00:01:48.441
CAPITAL AND THINK THROUGH WHAT
THEY'RE DOING AND PRESERVE THAT

00:01:48.441 --> 00:01:49.509
THEY'RE DOING AND PRESERVE THAT

00:01:49.509 --> 00:01:49.576
THEY'RE DOING AND PRESERVE THAT
CAPITAL

00:01:49.576 --> 00:01:49.642
THEY'RE DOING AND PRESERVE THAT
CAPITAL THE

00:01:49.642 --> 00:01:49.709
THEY'RE DOING AND PRESERVE THAT
CAPITAL THE TO

00:01:49.709 --> 00:01:49.776
THEY'RE DOING AND PRESERVE THAT
CAPITAL THE TO USE

00:01:49.776 --> 00:01:49.809
THEY'RE DOING AND PRESERVE THAT
CAPITAL THE TO USE LIZ

00:01:49.809 --> 00:01:49.876
THEY'RE DOING AND PRESERVE THAT
CAPITAL THE TO USE LIZ IT

00:01:49.876 --> 00:01:49.909
THEY'RE DOING AND PRESERVE THAT
CAPITAL THE TO USE LIZ IT TO

00:01:49.909 --> 00:01:50.076
CAPITAL THE TO USE LIZ IT TO

00:01:50.076 --> 00:01:50.176
CAPITAL THE TO USE LIZ IT TO
EITHER

00:01:50.176 --> 00:01:50.210
CAPITAL THE TO USE LIZ IT TO
EITHER SHORE

00:01:50.210 --> 00:01:50.310
CAPITAL THE TO USE LIZ IT TO
EITHER SHORE UP

00:01:50.310 --> 00:01:50.443
CAPITAL THE TO USE LIZ IT TO
EITHER SHORE UP THEIR

00:01:50.443 --> 00:01:50.510
CAPITAL THE TO USE LIZ IT TO
EITHER SHORE UP THEIR BALANCE

00:01:50.510 --> 00:01:50.643
EITHER SHORE UP THEIR BALANCE

00:01:50.643 --> 00:01:50.743
EITHER SHORE UP THEIR BALANCE
SHEET

00:01:50.743 --> 00:01:50.810
EITHER SHORE UP THEIR BALANCE
SHEET FIRST

00:01:50.810 --> 00:01:50.977
EITHER SHORE UP THEIR BALANCE
SHEET FIRST AND

00:01:50.977 --> 00:01:51.077
EITHER SHORE UP THEIR BALANCE
SHEET FIRST AND FOREMOST,

00:01:51.077 --> 00:01:51.111
EITHER SHORE UP THEIR BALANCE
SHEET FIRST AND FOREMOST, HELP

00:01:51.111 --> 00:01:51.845
SHEET FIRST AND FOREMOST, HELP

00:01:51.845 --> 00:01:52.011
SHEET FIRST AND FOREMOST, HELP
THEIR

00:01:52.011 --> 00:01:52.479
SHEET FIRST AND FOREMOST, HELP
THEIR EMPLOYEES

00:01:52.479 --> 00:01:52.645
SHEET FIRST AND FOREMOST, HELP
THEIR EMPLOYEES OR

00:01:52.645 --> 00:01:55.315
SHEET FIRST AND FOREMOST, HELP
THEIR EMPLOYEES OR CUSTOMERS

00:01:55.315 --> 00:01:55.482
SHEET FIRST AND FOREMOST, HELP
THEIR EMPLOYEES OR CUSTOMERS IN

00:01:55.482 --> 00:01:55.615
THEIR EMPLOYEES OR CUSTOMERS IN

00:01:55.615 --> 00:01:55.782
THEIR EMPLOYEES OR CUSTOMERS IN
ANY

00:01:55.782 --> 00:01:56.916
THEIR EMPLOYEES OR CUSTOMERS IN
ANY WAY

00:01:56.916 --> 00:01:56.983
THEIR EMPLOYEES OR CUSTOMERS IN
ANY WAY THEY

00:01:56.983 --> 00:01:57.150
THEIR EMPLOYEES OR CUSTOMERS IN
ANY WAY THEY SEE

00:01:57.150 --> 00:01:57.183
THEIR EMPLOYEES OR CUSTOMERS IN
ANY WAY THEY SEE POSSIBLE.

00:01:57.183 --> 00:01:57.317
ANY WAY THEY SEE POSSIBLE.

00:01:57.317 --> 00:01:57.383
ANY WAY THEY SEE POSSIBLE.
OVER

00:01:57.383 --> 00:01:57.450
ANY WAY THEY SEE POSSIBLE.
OVER THE

00:01:57.450 --> 00:01:57.584
ANY WAY THEY SEE POSSIBLE.
OVER THE NEXT

00:01:57.584 --> 00:01:57.650
ANY WAY THEY SEE POSSIBLE.
OVER THE NEXT THREE,

00:01:57.650 --> 00:01:57.750
ANY WAY THEY SEE POSSIBLE.
OVER THE NEXT THREE, SIX,

00:01:57.750 --> 00:01:57.784
ANY WAY THEY SEE POSSIBLE.
OVER THE NEXT THREE, SIX, NINE

00:01:57.784 --> 00:01:57.951
OVER THE NEXT THREE, SIX, NINE

00:01:57.951 --> 00:01:57.984
OVER THE NEXT THREE, SIX, NINE
MONTHS

00:01:57.984 --> 00:01:58.051
OVER THE NEXT THREE, SIX, NINE
MONTHS AS

00:01:58.051 --> 00:01:58.118
OVER THE NEXT THREE, SIX, NINE
MONTHS AS WE

00:01:58.118 --> 00:01:58.184
OVER THE NEXT THREE, SIX, NINE
MONTHS AS WE MAKE

00:01:58.184 --> 00:01:58.284
OVER THE NEXT THREE, SIX, NINE
MONTHS AS WE MAKE OUR

00:01:58.284 --> 00:01:58.451
OVER THE NEXT THREE, SIX, NINE
MONTHS AS WE MAKE OUR WAY

00:01:58.451 --> 00:01:58.618
MONTHS AS WE MAKE OUR WAY

00:01:58.618 --> 00:01:59.319
MONTHS AS WE MAKE OUR WAY
THROUGH

00:01:59.319 --> 00:01:59.552
MONTHS AS WE MAKE OUR WAY
THROUGH THIS

00:01:59.552 --> 00:01:59.586
MONTHS AS WE MAKE OUR WAY
THROUGH THIS CRISIS.

00:01:59.586 --> 00:01:59.686
THROUGH THIS CRISIS.

00:01:59.686 --> 00:01:59.919
THROUGH THIS CRISIS.
BUT

00:01:59.919 --> 00:02:00.019
THROUGH THIS CRISIS.
BUT ONE

00:02:00.019 --> 00:02:00.220
THROUGH THIS CRISIS.
BUT ONE BUYER

00:02:00.220 --> 00:02:00.386
THROUGH THIS CRISIS.
BUT ONE BUYER THAT

00:02:00.386 --> 00:02:01.154
THROUGH THIS CRISIS.
BUT ONE BUYER THAT YOU'RE

00:02:01.154 --> 00:02:01.321
THROUGH THIS CRISIS.
BUT ONE BUYER THAT YOU'RE NOT

00:02:01.321 --> 00:02:01.521
BUT ONE BUYER THAT YOU'RE NOT

00:02:01.521 --> 00:02:01.621
BUT ONE BUYER THAT YOU'RE NOT
THINKING

00:02:01.621 --> 00:02:02.055
BUT ONE BUYER THAT YOU'RE NOT
THINKING ABOUT

00:02:02.055 --> 00:02:02.622
BUT ONE BUYER THAT YOU'RE NOT
THINKING ABOUT THAT

00:02:02.622 --> 00:02:02.755
BUT ONE BUYER THAT YOU'RE NOT
THINKING ABOUT THAT IS

00:02:02.755 --> 00:02:02.856
BUT ONE BUYER THAT YOU'RE NOT
THINKING ABOUT THAT IS STEPPING

00:02:02.856 --> 00:02:02.989
THINKING ABOUT THAT IS STEPPING

00:02:02.989 --> 00:02:03.056
THINKING ABOUT THAT IS STEPPING
INTO

00:02:03.056 --> 00:02:03.156
THINKING ABOUT THAT IS STEPPING
INTO THE

00:02:03.156 --> 00:02:03.223
THINKING ABOUT THAT IS STEPPING
INTO THE MARKET

00:02:03.223 --> 00:02:03.389
THINKING ABOUT THAT IS STEPPING
INTO THE MARKET AT

00:02:03.389 --> 00:02:03.756
THINKING ABOUT THAT IS STEPPING
INTO THE MARKET AT THIS

00:02:03.756 --> 00:02:04.023
THINKING ABOUT THAT IS STEPPING
INTO THE MARKET AT THIS POINT

00:02:04.023 --> 00:02:04.057
THINKING ABOUT THAT IS STEPPING
INTO THE MARKET AT THIS POINT IN

00:02:04.057 --> 00:02:04.190
INTO THE MARKET AT THIS POINT IN

00:02:04.190 --> 00:02:04.457
INTO THE MARKET AT THIS POINT IN
TIME

00:02:04.457 --> 00:02:04.624
INTO THE MARKET AT THIS POINT IN
TIME WHEN

00:02:04.624 --> 00:02:05.925
INTO THE MARKET AT THIS POINT IN
TIME WHEN COMPANIES

00:02:05.925 --> 00:02:06.259
INTO THE MARKET AT THIS POINT IN
TIME WHEN COMPANIES ARE

00:02:06.259 --> 00:02:06.426
INTO THE MARKET AT THIS POINT IN
TIME WHEN COMPANIES ARE PULLING

00:02:06.426 --> 00:02:06.559
TIME WHEN COMPANIES ARE PULLING

00:02:06.559 --> 00:02:06.726
TIME WHEN COMPANIES ARE PULLING
BACK

00:02:06.726 --> 00:02:07.093
TIME WHEN COMPANIES ARE PULLING
BACK ON

00:02:07.093 --> 00:02:07.260
TIME WHEN COMPANIES ARE PULLING
BACK ON THEIR

00:02:07.260 --> 00:02:08.094
TIME WHEN COMPANIES ARE PULLING
BACK ON THEIR CORPORATE

00:02:08.094 --> 00:02:08.128
TIME WHEN COMPANIES ARE PULLING
BACK ON THEIR CORPORATE BUYBACKS

00:02:08.128 --> 00:02:08.294
BACK ON THEIR CORPORATE BUYBACKS

00:02:08.294 --> 00:02:09.429
BACK ON THEIR CORPORATE BUYBACKS
ARE

00:02:09.429 --> 00:02:09.462
BACK ON THEIR CORPORATE BUYBACKS
ARE INSIDERS

00:02:09.462 --> 00:02:09.629
ARE INSIDERS

00:02:09.629 --> 00:02:09.762
ARE INSIDERS
YOU'VE

00:02:09.762 --> 00:02:10.463
ARE INSIDERS
YOU'VE SEEN

00:02:10.463 --> 00:02:10.730
ARE INSIDERS
YOU'VE SEEN THEM

00:02:10.730 --> 00:02:10.830
ARE INSIDERS
YOU'VE SEEN THEM JUMP

00:02:10.830 --> 00:02:10.964
ARE INSIDERS
YOU'VE SEEN THEM JUMP BACK

00:02:10.964 --> 00:02:11.331
ARE INSIDERS
YOU'VE SEEN THEM JUMP BACK IN

00:02:11.331 --> 00:02:11.364
ARE INSIDERS
YOU'VE SEEN THEM JUMP BACK IN AT

00:02:11.364 --> 00:02:11.598
YOU'VE SEEN THEM JUMP BACK IN AT

00:02:11.598 --> 00:02:13.333
YOU'VE SEEN THEM JUMP BACK IN AT
THESE

00:02:13.333 --> 00:02:14.300
YOU'VE SEEN THEM JUMP BACK IN AT
THESE LOWER

00:02:14.300 --> 00:02:14.334
YOU'VE SEEN THEM JUMP BACK IN AT
THESE LOWER LEVELS

00:02:14.334 --> 00:02:14.667
THESE LOWER LEVELS

00:02:14.667 --> 00:02:15.235
THESE LOWER LEVELS
WITH

00:02:15.235 --> 00:02:15.268
THESE LOWER LEVELS
WITH FORCE

00:02:15.268 --> 00:02:15.735
WITH FORCE