The Bank – that is 10,000 employees who give their all every day for the common good and our tasks. On behalf of all colleagues, I can therefore only say: Welcome back, Joachim – we look forward to working with you! I would now like to hand over to the Federal Finance Minister.
Trichet: That is something which has been identified as one of the main problems. It calls for a review of the “originate and distribute” model that has been generalised in commercial banking. It appears that it was a dangerous way of distributing credit.