The write down of assets was the right accounting thing to do. They wrote off mostly the canadians assets which makes sense since the return of those assets were negative. The margins were not even zero, but negative. Therefore those assets are worth zero which is why they wrote it down.
Yes. The preferred dividend will go away soon. We are a year away to be done with that and we have no intention to interrupt the preferred dividend. Keep in mind we have the liquidity to pay their dividend and the comp. We cut not because the banks imposed on us. We cut because we thought it was a better use of capital to continue to buy bonds in the open market. And we eventually may buyback stock. We have as you know we have a buyback authorized and we will be happy to deploy the buyback if necessary. So we have other uses for our capital at this point. But the preferred we would like to keep because of the penalty for not paying the dividend on the preferred is not something that we want to deal with. And like I said the preferred will go away very soon.