ms. yoshizawa missed. dear ship. -- mr. tursha. >> i am peter door shut, the managing director of standard and poor's rating services. i have been through -- from 1997 through 2008. as the head of the group, a supervised surveillance for five major categories, residential mortgage-backed securities, commercial mortgage-backed securities, collateralized debt obligations, asset backed securities, and servicer of valuations. each of those groups was headed by a separate manager who reported to me as a member of my management team. the s&p's structured finance surveillance portfolio grew substantially during my time as the group's head. our resources expanded to meet this increase in workload and our growth respect to rmbs outpaced the increase in standard and poor's monitored increase. the rmbs increased by 75% from the beginning of 2003 through 2006. in 2007, responding to the unprecedented deterioration rmbs deal performance, the group increased an additional 57%. the standard and poor's surveillance work in 2006 and 2007, c

ms. yoshizawa missed. dear ship. -- mr. tursha. >> i am peter door shut, the managing director of standard and poor's rating services. i have been through -- from 1997 through 2008. as the head of the group, a supervised surveillance for five major categories, residential mortgage-backed securities, commercial mortgage-backed securities, collateralized debt obligations, asset backed securities, and servicer of valuations. each of those groups was headed by a separate manager who reported to me as a member of my management team. the s&p's structured finance surveillance portfolio grew substantially during my time as the group's head. our resources expanded to meet this increase in workload and our growth respect to rmbs outpaced the increase in standard and poor's monitored increase. the rmbs increased by 75% from the beginning of 2003 through 2006. in 2007, responding to the unprecedented deterioration rmbs deal performance, the group increased an additional 57%. the standard and poor's surveillance work in 2006 and 2007, c