chairman and weome, secretary salaz. it's always wonderful to see you, although these all wish we were not having to be involved in and to all of you, thank you for your service. this a horrendous situation. and i appreciate the efforts that y are taking and have takesince the beginning of your term to focus on reforming what has clearly been an process. i think it's important that we learn lessons from history, from the past, otherwise, we are condemned to repeat them. that's certainly a very famous phrase, and i think it's very, very true today in terms of the way we approach the public interest in our jobs as it relates to overseeing what is done in the private sector when it relates to public risk, and in my judgment this has been a perfect storm of alar company that has had according to the records 97% of all of the admiral mullen egregious and willful safety violation being ought by this company coupled with a philosophy that's been in place for the last decade and other times in our history that's basically said,