Mr. Jeremy Masding:

I will make three responses. First, I do not accept in any way, shape or form the Deputy's description of my opening remarks as bravado. I purposely kept my voice as level as I possibly could. I do not make a point about bravado. I merely put some facts out there to create some debate. I do not accept the Deputy's comment.

Second, I cannot comment on the investment funds or, as the Deputy calls them, vulture funds. It is unreasonable to ask me to. I assume in the committee's protocols that it has engagements with those who buy loans. I will leave it at that.

Third, and unless my team corrects me, we do not have an agreement with the purchaser to give that level of detail.