Thank you very much, Mr. Meredith.
I should point out to the witnesses that if you have, as Mr. Meredith was I think struggling at the end to provide, the fulsome answer, more information that you'd like to provide to the committee on your thoughts and views, please do so; you're welcome to present it at any time during our study.
Thank you to the first panel of witnesses for being here today. We'll have a short recess while we welcome our second panel.