When we listened to the third-quarter earnings (report), their credit card business was performing above expectations and they felt that that was going to mitigate the negative impact they were experiencing from their retail operation.

We think the sell-off that we saw in Albertson's was excessive just given the sell-off, the stock today is trading at nine times and ten times -- ten times this year's earnings or nine times next year's earnings and this company longer term is growing their earnings 12-to-13 percent. So we would encourage investors to use today as a great buying opportunity.

The consumer continues to feel confident.

Even though Albertson's down and the index is down from the 52-week high. Year to date, both the grocery industry and the drugstore industry are actually up. Year to date the grocery industry is up 9 percent and the drugstore industry is up about 12 percent and we've been seeing a lot of fear in the marketplace concerning interest rates and impact this will have on consumer spending. Consequently, there's been a lot of money that's been moving over to some of the staple companies like grocery chains and drugstore retailers.

I did not see ill will on the part of the government, that they were holding it for themselves, or misappropriating it. But nevertheless, what they didn't understand is the need for speed. They're being bureaucratic.

I did not see ill will on the part of the government, that they were holding it for themselves, or misappropriating it,