Mr. Cormac McCarthy:

Well, that's moral hazard and I think there's been enough papers written on that over time to give more opinion than mine, Senator. I think all I can say is that there is no doubt that the collapse of Lehman's and allowing Lehman's to fail had very significant consequences. As to what the right answer to that one is, it's a good question. I think that ... I think a lot has been done by regulators and governments since the crisis to shore up the system and to make sure that banks are either right-sized or insulated with capital and liquidity to make sure it doesn't happen. But it's ... I mean, it would not be ... it's a very, very difficult question for me to answer, Senator.