RE: RE: RE: Credit rating, what if Lestat, you need to spend more time inside Excel and less time guessing. :) Their situation is much more fragile than your guesses suggest. I want them to survive. I would love to find a way to buy a preferred for 50 cents and watch it recover to $25. It does happen. But I spent a lot of time with their revenues and credit maturities, and if they can't buy back those 2013 MTNs for 50 cents on the dollar this isn't going to end well. Period.