There was a bit of cooling. They thought at least there was some improvement in the rate-setting process--for example, a fixed date they liked, November 14. They liked the fact that there'd be parameters, no big swings. What they didn't like was the continued build-up of the surplus, because we were under the assumption that it would be capped and it just kept growing. What they didn't like was a set-up whereby the actuaries couldn't look backwards or forward; they only could look at the current year to determine the rates.
On May 15th, 2008. See this statement in context.