Mr. Jonathan Sugarman:

I referred first and foremost to myself, because my position as the bank's risk manager was ratified by the board of directors. I will be more than happy to furnish the committee with the document in which my position was ratified. I therefore bear sole or joint responsibility with the CEO for everything that goes on in that bank. If I have to repeatedly sign off liquidity figures that are breaches and the bank does not report them to the Central Bank, that is a crime.