I'm hoping we can get started. We're running short on time. I don't want to reduce the time for questions and testimony, so we'll give a second for the cameras to leave and then we'll get started.
I want to welcome Mr. Broadbent and Mr. Allmand, both no strangers to this place.
Mr. Broadbent, we'll start with you. You have ten minutes, and then we'll move to Mr. Allmand. Then we'll have a round or two of questions and answers.
Mr. Broadbent, welcome. The floor is yours, sir.