Otherwise requested, thank you.
I have a constituent whose name is Mr. Frank Gue. He won't mind my saying his name, I don't think. Often he sends me discussions, his views on financial matters in this country. Just recently he sent me a letter on the issue of liquidity and the bank's position in terms of its assets compared with what it's lending out. In his view, the banks should be required to hold more capital compared with the percentage that they're lending out. I'm not sure if he's accurate or not. He says that they now run 7% to 10% of current bank assets in the ratio to what they have out in the marketplace. He thinks it should be up around 20%.
I'm interested to see if you have any comment on that.