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Please explain that to me. There's no way that makes sense.
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There's no way you're marking these swaps appropriately.
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Why shouldn't we back out of this trade right now?
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Didn't I say when we made
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this deal that the ratings agencies, the SEC
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and the big banks were clueless? Didn't I say that?
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- Yes. - Didn't I say it?
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Yes, you did. You did.
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Shut up.
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Now their foot's on fire,
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they think their steak is done, and you're surprised?
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That's not stupidity. That's fraud.