—as possibilities.
As I said earlier, I've been working in this area for eight years and I was a huge fan of what the Brits had done. I am becoming quite skeptical of the model that the Brits have put in place, and I would point to Peterborough as a perfect example of cheating on the side. First of all, for a social impact bond you're not supposed to have government money up front. The Brits put government money up front. You're supposed to design them in a way that they're rigorous and can be validated in terms of measurable progress moving forward.