As we discussed yesterday, in our review of our DASH recommendation vs. actual performance we found 36 DASHes that have been approved since late 1999 that carry the recommendation "Proceed - See Other RAC Comments". Typically the RAC Comments describe substantial issues that must be resolved if the transaction is to be successful. Given RAC's increased visability and accountability for portfolio performance, perhaps a more forceful description than "See Other RAC Comments" would be desirable which could be something like: "Issues - Sr. Management Approval Required" Therefore, the four DASH categories would be as follows:

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DASH Classification - "Proceed - See Other RAC Comments"