If they begin to deliver tangible evidence that they're making good progress on the cost savings front, the market will view that favorably. |
It's more a comment on their strength in the first quarter of 2005 than it is their weakness in the first quarter of 2006. It's clear it was a very good quarter for National Bank. |
That is one of the brightest spots in the TD story. That arrangement with Ameritrade is going to be the source of very significant synergies. |