The Importance of Maintaining a Float

If we were to get out of the insurance business and replace it with 7 billion of equity, we would have less going for us next year than under the present situation. So obviously we think that 7 billion is not a liability at all in terms of real economic value. It comes to us with a profit attached. If the float keeps growing, that is a wonderful thing indeed. And we will work very hard at both increasing the amount of float and keeping the cost down somewhere near our present level. That makes it a very attractive business when that can be done.