Carl Levin actually said...

You can't assess the strength of the borrower and that has got to be at the foundation of underwriting, risk assessment, risk management of ...

as a matter of policy, they should have allowed that.

I will correct myself again. I said it was the largest bank failure, and that apparently is true, thrift or otherwise.

You have this procedure here, you have this approach which is anathema to you, one of a number of things which were anathema to you, but the...