You hear this when you're on the dock. If buddy wants to go out and get a loan for a boat and a licence, he can't get it. So he goes to a processor, someone with deep pockets. That person is able to go and get the loan because they have other assets. Does your association look more favourably on someone with a bunch of other assets than someone who doesn't?
I'll use the example of a guy who once told me this down at Yarmouth. He's 25 years old. He wants to buy a boat worth about $50,000, with all the gear and everything. The licence is about $350,000. So you're looking at a $400,000 option. He walked into a bank just basically with the clothes on his back. He tried every institution he could, and he couldn't get a loan. He went to a fellow who had deep pockets and was able to get what he needed.
I'm wondering where this guy would have got the money, the guy he went to, who now holds the trust. Where would he get the money to do that? Obviously he would have to go to a financial institution to borrow those funds. His concern was that it was easier for the other fellow to get the money than it was for him. Is that a fair perception?