And that group made, as I understand it, $3.7 billion on the short side, basically, right?
No, I agree totally with that.
You made billions of dollars going short, not net.
Well, if it weren't for the big short, you would have been deeply in the red that year, wouldn't you?
Is that accurate? Did that reflect the facts at the time?
The short positions that they were taking during that year were the major contribution to that, is that correct?
And that party with the reverse inquiry is somebody who wants to sell short. Is that correct?
Did your group have a pretty good year for 2007?
You had a changing view of the market.
As we put it in the vernacular, the big short allowed you to have a year in the black, is that----
Do they have a belief that you, at least when you are going out peddling securities, that you want that security to succeed?