Mr Steinber (Q181)

181. I am delighted to say that all the questions have been asked because, I have to be quite honest with you, I do not know whether it is a good deal or a bad deal, I could not understand it. I looked at page 16 and paragraph 1.42 and that graph there, and when I got to that I gave up! .".. it is therefore possible to suggest that the Treasury building bond was priced at LIBOR plus 30 basis points", what the hell does that mean? It is double Dutch!