Mr. Tony Grimes:

Okay, well, I mean, I'd account for it by saying I think that, you know, the extent of the deterioration in the quality of the assets in quarters three and four of 2008 was extremely sharp, and that if you look at the data, even the decline, okay, you know, in the value of houses was modest enough until September 2008, about 10% or 12%. The decline in the value of commercial property; again, until the summer of 2008, was modest enough. It was really in that period in the second half of 2008 that the decline occurred, and I think reflecting the deterioration in the domestic economy here, but also the global economy.