Ann: ISU Trading Update & CEO Resignation, page-23

Only with the benefit of hindsight can you say they are good businesses. That’s not what people were saying a couple of years back with BAL I am not sure what the issue is with recognizing future revenue of insurance policies based on average life of policies . If you want discount by 30-40% . Still doesn’t make this a terrible investment at these levels . Not saying its a great business , just not a terminal one and due for a a bounce to more reasonable levels.