Mr. Cormac McCarthy:

Clearly, you know, I've said, Senator, that I greatly regret the mistakes we made and the assumptions we made. I'm sorry that that happened and the impact that that's had.

At the time, all I can say is, that it felt ... that we had appropriate structures, we'd appropriate oversight ... being part of a very large international and globally respected institution gave us comfort that there was second-guessing and testing of what we were doing. So, at the time, all I can say, Senator, is it felt appropriate.