Thank you, Chair.
Thank you, witnesses.
I want to focus on the four comments you made, Mr. Hamilton.
First of all, on the fourth comment, with respect to the urban legend, it does make perfectly good sense that a lender would be a bit more hesitant if in fact they knew that in a bankruptcy or an insolvency they would rank as a lower priority. That makes perfectly good sense with respect to a defined benefit plan. Does the same concern apply with a defined contribution plan?