Sure, but most people see $1,000,000,000 and think only of the incomprehensible abstract - they see huge; they don't see what the value means. They certainly d

Sure, but most people see $1,000,000,000 and think only of the incomprehensible abstract - they see huge; they don't see what the value means. They certainly don't see the amortised cost across the decades long operation of a highly successful industry. So it comes across as a far deeper cut than the stubbed toe that it actually is.