RE: valuationsIts not helpful, thats for sure, but given the amount of money involved its pretty minor. If we get a senior involved in the project, then the amounts involved are petty cash. Lots of good CEO's were ambushed by what happened. Their motivation was simply to squeeze out a little more interest for their treasuries but the unprecedented and unexpected happened. No question in hindsight the risk wasn't worth it. But again, with NML we aren't talking big $.