Mr. Jonathan Sugarman:

I was completely unaware of that until the night of the overnight guarantee a year later. The only reason for the overnight guarantee was because everyone ran dry of liquidity. This meant everyone had broken the law. Yet, not one risk manager has stood up and said that prior to the guarantee in 2008 they followed the same law that Jonathan Sugarman followed by turning up in Dame Street to explain that the bank was in breach and running dry.