My first question is to Mr. Rudin. You put out a $125 billion insurance program for insured mortgages and $51 billion has been picked up. When the banks are assigning you this $51 billion worth of mortgages, how closely do you examine the quality of the paper you're receiving? To put it in a blunt way, how do you know you're not just getting a pile of junk?
On March 3rd, 2009. See this statement in context.