Thank you, Chair, and thank you to the witnesses for your opening remarks. I appreciate your being here today.
My first question is for Mr. Blumberg. I'll roll two questions together so that you can give a comprehensive answer within the limited time that I have.
With respect to due diligence—and, I believe, the lack of due diligence by the federal government in awarding the CSSG contribution agreement to the WE organization—could you comment specifically on the red flags that I believe should have been raised with respect to the state of the WE organization's board, as well as the publicly reported information about the disarray of their financial situation?
Could you give me an answer to that, Mr. Blumberg?