We just published a paper done by two outside authors, an academic and a former banker, looking at global financial regulation. The premise is, as I'm seeing now in the media, that we have to think about the global requirements but really act on a local basis. I'll give you one of the ideas in the paper.
In future securitization, for example, as you bundle things together and sell them into the market, we would propose that the originator be required to hold a portion of that for their own book. That will change the behaviour fundamentally. If you have to hold the risk to term yourself, you're going to take a lot more responsibility for what you're underwriting and for doing ongoing risk evaluation and keeping in touch with what the risk is.
That's on our website, and I will certainly commit it to the committee.