  A small upper-bound is obtained for the CP phase $\delta$ in a CKM matrix,
$|\sin\delta| \le 0.44$ based on CP independent data on $|V_{ub}/V_{cb}|$
alone. Potential inconsistencies with the CKM model in existing data which need
a theory beyond the standard model to overcome emerge in the analysis using
this CKM matrix. In addition, all CP asymmetry measurables for the $B_d- \bar
B_d$ system are expressed solely by the CP phases in the decay amplitudes.
Remarkably the CP asymmetry of the bench mark process $B_d\to \psi K_S$ equals
sin$2\delta$. This will soon be measured by BaBar and Belle to confront the
above upper-bound.
