i continue the conversation with bruce flatt. did you know in 2002 that you wanted to be at $900 billion asset under management? or $1 trillion? bruce: we are just trying to make money for our clients in a thoughtful way. and we have done that for a long period of time. and the reason why we are at the scale we are is because we have been thoughtful with their money and we have earned them a good return and we have not taken a lot of risk. and if you can do that over long periods of time, you can compound their wealth, investment wealth to very large sums of money. and that is what is important for these sovereign institutional pension investors. because they have very long durations and they need these type of assets to earn them returns over the long return. francine: you have also gotten into credit. how much are you expecting that to grow? bruce: look, what has happened with regulations in the banking system is they just -- has pushed out credit off the balance sheets at the banks and the right place where that is being funded