Well it may be fair value around here, but basically it's too...

Well it may be fair value around here, but basically it's too much of a business with too much good will in it for me. Hard to value and predict imo.

They had a nice conservative bank of properties there years ago but with Macquarie getting involved of course they had to go around and gear up to make stupid international aquisitions of companies, i.e. good will - not tangible - to increase the size of the thing and to generate fees for themselves. I think GG's eyes got too big and greed let him go along with them. This is what ruined it. Macquarie bailing out was the signal to sell imo. Similar to how B&B ruined gpt. Raped it for fees and left retirees to fry. imo.