But that begs the logical question. If they are in fact getting cheaper money, which is just the narrowing of the spread, then presumably their credit granting would be more aggressive. Yet we're loading up EDC and loading up BDC, and you guys got 12 billion bucks of new fresh money for credit, so those two thoughts don't seem to live in the same universe. Can you give me an explanation?
On March 10th, 2009. See this statement in context.