Thanks, Chair.
It's interesting. When I listen to this, I keep coming to the conclusion that somehow we have this “bass ackwards”. Rather than the situation we have now, would it not be that the government would say to taxpayers, whatever the entity, “There's a good chance that you're going to be reviewed; you've got a bad track record of paying your debts in the past”, or “We've had problems with you”, or “Things don't look good, we want some money on deposit”, and the corporations should be crying to the politicians that they're not getting enough money when they're forced to put this money in here. Yet we have this situation where it's voluntary; they seem to be quite anxious to leave the money. And we know why.
Ms. Levonian, as the DM, doesn't it seem wrong to you that we're doing it this way, rather than only keeping money on tap? I mean, why should we be doing that unless you have a concern that they won't pay it, in which case the pull ought to be from the government, pulling the money in, with them saying, “Hey, you're taking my money, but you're not giving me enough”?
Why does it work the way it does? What's the thinking behind it?