Why Are You Selling BTPs and CCTs?

When he was running the fund, we didn't make that mistake in Italy. So I talked to our friends at Harvard Management. And then we put on our positions and we're the largest holders of Italian bonds outside of Italy. We were told probably between us and our clients, $20 billion worth back when that was a fair amount of money. It's a nice carry trade. You know, I left a lot of money on the table, but I got to do other things.