Mr. Frank Daly:

That is what is written down here in my opening statement. I do not make a statement like that lightly. All the Acts, the Foreign Corrupt Practices Act, etc., those are all obligations of PIMCO. My main concern throughout this is that if we had been told in early 2013 by PIMCO of Mr. Cushnahan's involvement, and it acknowledges it knew of it, then I do not want to give a definitive answer but in my view that would probably have been a reportable issue in terms of SIPO.