Mr. Matt Moran:

I think the bank had a very significant liquidity issue that worsened throughout 2008 and became most acute post the Lehman and Washington Mutual collapse and the various transactions that happened around then and the failure for TARP to be implemented. So, the bank had a liquidity issue. I thought at that time that the issues we had seen and the deterioration in the economy wouldn’t be as bad so I really felt that liquidity, solving liquidity, would save the bank at that point in time.