Session: 1234567891011121314151617         Page 375376377378379380381382383384385386387388389390391392393394395396397398399400401402403404405406407408409410411412413414415416417418419420421422423424425426427428429430431 of 824

Was that the first time? Having been so cash rich, that you needed to do that?

I forget which--

What was your debt structure after that point?

We had very little debt, and then gradually we acquired debt in a big way.

I mean, do you remember any financial decisions that had to be made as a result of this change from cash-rich to cash-poor?

I remember--yes, I remember we had to go off and borrow money, but I can't remember that anybody ever said: “This is going to be a terrible problem,” or “you're going to have to pay an additional two percent because”--as long as you're double A, you're Okay.

Had any equity been floated except in--

No.

No.

No, I don't--no.