re : ercs - you are wrong , they are not just developer ercs i ' m not close enough right now to the discussion . there is a mtg / conf call scheduled for tomorrow to go into details on these ercs and determine how we spin them to the bank . barclays will be back tomorrow on whether they can proceed with rolling the existing so 2 credits and at what price . i will call when i can . on call with s & p now . - - - - - - - - - - - - - - - - - - - - - - - - - - sent from my blackberry wireless handheld ( www . blackberry . net )