Mr. Tony Grimes:

And so, actually from that period ... and I am restricted a little bit in what I can say. I can really only talk in general terms about this. But there would have been concern in Frankfurt, I think, about what was ... what was happening in the global markets. But at the same time, there was a view in Frankfurt I think that ... or should I say, you know, there was no view in Frankfurt that we were heading into the spiral that we all headed into in September. But there was increasing concern as we moved from August into September, about what was, what was happening.

In September, in particular, and starting in September but moving on from there, there were a lot of issues in the markets-----