From 1982 on, we loaned them enough money to cover interest on the old debt. The Brady plan in 1989 and 1990, was repackagingand doing a facelift with really dealing with the debt problem. They can't service that. At the beginning of 1994, they were claiming that inflation was in the single digits. The t-bill rate fell down to 10 or 1l Tbusiness, you were paying 35 to 40 percent.
Nobody can afford that.
So, what they were doing in those days, they were rolling the credit. They would give you a little new money. They would capitalize the due interest. And they would write you a bigger loan. They would just roll it and pretend that the loan was performing.