Those are fair points.
I don't mean to cut you off, but five minutes is five minutes. In this world you know how short that can be.
I can appreciate that. What it comes down to from my perspective is in the document you presented. Usually when you get a document or read a book, the thesis is somewhere in the middle or toward the end of the document. Here you have it right at the end. It is: “Regulation is simply no substitute for competition.” You are here, conveniently enough, on behalf of all the banks, versus their being here individually, so it does say that on the one hand it's competition, while on the other hand you do represent them as an organization.
I wonder, when you speak about competition, what happens and what the next steps are going to be. Right now, who in fact is the most competitive of the top five banks when it comes to my going to the bank? If I'm going to make a withdrawal out of an ATM machine, if it isn't my bank, who right now is the most competitive?