Thank you, Mr. Chair, and thank you to our two witnesses, Mr. Carney and Mr. Jenkins.
I would like to go back to something that we haven't spent a lot of time on here, and it may not be in your field of expertise, but I think both of you understand it better than many of us. What do we do with these impaired assets or toxic assets that got a lot of institutions into a lot of trouble? You talk about $4.1 trillion worldwide. Where does it go? Is it simply discounted and sold off? How do we make sure that we don't see those toxic assets finding their way back in to create the same problem all over again?