Q Sir, in that SEC investigation you waived attorney-client privilege so that the SEC could question Harken attorneys and your personal attorneys about your dealings. In light of that, do you think it is appropriate today, given the fact that you say investors are nervous about the markets, for senior executives of these companies to go before Congress and invoke the 5th Amendment and refuse to discuss their dealings in controversial -- and on a related point, one of the differences right now between the administration and the Senate bill on corporate responsibility is the Sarbanes proposal to have this independent board appointed by the SEC police the accounting industry. You have opposed that so far. Are you prepared today to -- THE PRESIDENT: Well, let me -- I'll give you my opinion on that. Look, I think people -- obviously, if they're called up ought to tell what they know. But lawyers have different opinions. And these people are listening to the advice of their counsels.
Were you aware he had waived his privilege?
#9 was for you Torie.
Only after I read the transcript two hours ago. Yes, that is significant. It does imply a certain confidence as to how the underlying facts will play out doesn't it?