Sure, the "known" portion may not be getting more toxic, but an acquirer has to take the whole thing. The "known" and the "unknown" part you're talking about. A

Sure, the "known" portion may not be getting more toxic, but an acquirer has to take the whole thing. The "known" and the "unknown" part you're talking about. As it goes on, people are going to increasingly wonder why no one has stepped in to buy what would otherwise be a pretty lucrative business It's because there's a lot more bad assets there than people know or acknowledge, and most of the deposits (and therefore customers) are gone. And as time ticks on, that continues to get worse, even if it's just a perception of it getting worse that perception becomes reality