The same Capsugel deal today, Kravis said, would have a cost of capital near 9%, a reflection of the late-summer weakness in equity markets and windowclosing in the high-yield market, which moves on a hair trigger in turbulent times.
Dr. (Joseph) Hamre, at the request of the secretary of defense, sent out to the region, came back and testified before our committee and said there is a very narrow window that's closing.