think, theystop and must be high-yield because they are much riskier.o one wants to play themselves for taking a risk. running was the person citibank at the time. he said, when the music is playing, you have to get up and dance. if you are the guy who stands up and says, i will behave sustainably, we will not do that, that becomes professionally risky. we got into this short-term loop . there were banks who did the right thing. jp morgan did not get as cut up as other banks. on.ceo was looked could you have foreseen it? , yeah, there were a lot of people that foresaw it. stop selling your products, stop taking the job. sell your job for a lower price. the next person has more leverage built-in. we wanted everyone to have a mortgage, whether they could afford it or not. encouragedizations everybody, make the loan regardless. dark that was if you did not make the loan, you were distributing a -- discriminate against people who could not afford it. the trouble is there are no quick answers and we tried to create one. you create the bubble and then the bub