smaghi, the chairman of society jenna ralph. when you look at some of the concern -- of societe generali. when you look at some of the concerns, how will the crisis change governments forever? how much more present will there be? how much more of a safety net socially will i citizens want from this? abouto: well, if we think the guarantees, for instance, that governments have made available to the banking system, to the banking system, to ,uarantee loans by companies and if things do not go as expected, probably the governments will turn out to be a major lender to companies, and possibly even shareholders of companies. as you landscape, mentioned, will be quite different once the crisis is over. bethe other hand, there will