about? This acquisition was something we've learned about very late in the game. It would have required a huge amount of process and approval and due diligence. And the idea that we could have approved it overnight is just a ludicrous idea. So maybe historians one day will figure out who is right about that. Of course, the other side of the story is that there was literally six months of trying to sell Lehman. So why that didn't happen in advance is a complicated story. So I took us off target. You were laying out three aspects of beliefs. One is this unhinged expectations that occur in the bull phase of the market. People expect that markets are going to continue to rise, home prices are going to rise by 10% every month. Some of the most ridiculous estimates were in Orange County and in California in general. Orange County, I think was 14% a year, something like that. For 10 years. For 10 years. This is the old trees grow to the sky. Exactly. Marital bubbles. And that goes part and (27/44)
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