Significant officials at publicly traded companies are casually and cavalierly engaged in insider trading. Because insider trading has as one of its elements communication it doesn't take rocket science to realize it's nice to have the communication on tape.

What goes on in Europe concerns us greatly because if Europe comes apart the E.U. comes apart then you're going to have enormous impact on America that's a very big trading partner of ours and people own securities around the world in this day and age.