Mr. Des Carville:

The Senator mentioned the recent PTSB transaction concerning the Project Glenbeigh portfolio. One thing which was overlooked is that while the identity of the purchaser has not been disclosed, there is enough information out there to ascertain the type of purchaser. It is what we call "patient capital". It is a long-term pension fund investor that is interested in a very consistent yield rather than flipping an asset quickly. That is quite important. The business model of a lot of private equity firms is based around restructuring-----