Did You Notice That at the S and P?

The days of rubber stamping every cdo square that came through and putting a tripole on it were gone. It's a changed place, really. They would tell me stories about how things ore during the, during the g f c, things apparently weren't much nicer. But it was still a good business for them. And did you find that? During that period, almost credit was too tight. We went from being superluose with all our raitings and all our canding out stuff, to being too tight. Did you? Did you notice that at the s and p as well?