Bob Michael

They generally have seven times leverage.

They've got $350 million worth of debt on top of $50 million in EBITDA.

It helps them a lot.

It helps stabilize middle market corporate America significantly.

Well, the question I would want to ask, Pal, is were there only three dissents or was there a considerable amount of bargaining to go from five dissents to three dissents?

And was that in the statement?

And then you ratcheted it up, GDP, half a percent from where you were at the last summary of economic projections.

His answers to questions like that will tell you how politically influenced the current Federal Reserve Board is.