 When interest rates went to 1%, they couldn't make any money. These were retirees. Wall Street was able to buy up a lot of businesses and gamble away people's lives, destroy people's homes, and private equity was allowed to thrive. And private equity, their function and their role was money was the product. They buy up businesses, saddle them with debt, and then walk away from them once the debt got too much, but they would make money in the process.