Thank you, Commissioner.
Your introduction to this topic makes me even more alarmed than I was before, so I thank you for that. And I thank you for preparing this book, which we will use as research. Someone has taken a great deal of time to prepare it, and I thank you kindly.
As you know, we go in rounds for each caucus. The first round is seven minutes each, including the questions and the answers.
Mr. Pearson.