I think we’re in disequilibrium. We’re in a disequilibrium in which the dealers and banks that used to do this lending are in the process of dramatically shrinking their balance sheets. Goldman announced their fourth quarter today. They shrank their balance sheet by 18 percent from the end of their third quarter to the end of their fourth quarter. That’s certainly not any notion of equilibrium in the marketplace, and I think that is what’s causing the stresses in the securities markets.