Folks, I'm afraid our six minutes are up.
Thank you, Mr. Rayes.
I have a quick reminder to everyone. I understand in the midst of a feverish pitch that we have our arguments. I understand in the back and forth we may talk over each other. To a great degree, that's inevitable. The only thing I ask is please do not raise your voice when you do that, because we have interpreters whose ears are close to your microphones and it's damaging for them. I appreciate if you would please keep that in mind.
Let's go to Mr. Housefather for six minutes, please.