The stock markets were setting new records daily, young people from allover the world were flooding into San Francisco as ifitwas 1849 Redux, and everybody was a business genius.
But if you go back to the debates in Congress over why those investments were important you see that itwasall about, according to the individual members of Congress who were supporting the National Defence Highway Act, itwasall about getting munitions rapidly from Boston to San Diego and to Dallas and everywhere else in the event of a national emergency.
So, if the regulator always had its doubts that that deal with Lloyds would be consummated, why wasit negotiated so expensively overall those many months.