The Future of JICO

The decisions at JICO, which is about $5 billion of marketable securities, have been made and are being made by Lou Simpson. He did not have that ability before JICO became part of Berkshire. So he with that 5 billion can do whatever he wants. Now, if he does certain things, we would need to provide backup to JICO so that their policyholders would be protected under the most adverse circumstances. But that's no problem for us. We could just guarantee their obligations. And we haven't done it yet because it's not, hadn't been necessary yet.