Sounds good on paper. Reality is time yet to catch up to their...

Sounds good on paper. Reality is time yet to catch up to their modelling it will still be lagged. All those new offices which they've expanded to and having then tell people to work from home, they have to be burning rent costs there. Anyway that small fry stuff. And these 90% of regulars their banking on only needs to drop by 20%
If anything the letter has given an opportunity to get out at little better than yesterday's close.