Mr. David Duffy:

I think it was a combination of a couple of things. I think the fact that it was so heavily geared towards collateral and so concentrated in one asset class. So I think the reality there is what you're doing is you're implying that there's a value in the future. You're relying on third-party valuations for that value that you might obtain in the future and if it is such a large portion of your assets then any hit has a highly correlated negative. If you don't have a large portion of that lending in that category or sector or individual based on cash flow, you have no real certainty. You have an asset valuation model, not an income model to repay your debt. So I think that's part of the problem. There was a whole load of small issues you could consider, but in reality-----