Thank you, gentlemen, for being with us today.
Mr. Volker, you made the comment, “he can go very, very far”. You were talking about Putin's enthusiasm for continuing this. One of the things that we haven't talked a lot about is the fact that this isn't the first.... He's had influence in other areas, including to the southeast and in Belarus, in Georgia.... This is one more step. I'm just wondering, without scaremongering or whatever, where you see it going from here if there isn't concerted action to stop it.
Also, in terms of sanctions, several countries want to put on sanctions, but it seems like everybody wants to put on sanctions that impact somebody else's economy. If you're strong in banking, you want to go after aerospace, and if you're strong in aerospace, you want to go after tech or whatever. I'm just wondering if it's possible for what I would call the disparate interests to unite in sanctions that will be effective.
I'll give you those two questions first, and then we can go on to other things.