When the women asked how this could be, the banker explained, "Because he saves his money, that's why."

The local banker explained that if someone comes in for a loan of a few thousand dollars, he doesn't ask what the money is for.

While several senators prodded them to do more to promote growth, the central bankers explained why they thought it was vital to keep inflation low.

And as the young Japanese fell silent, the Chinese banker explained his view of Hawaii.

"That's why I preferred not to talk over the phone," the banker explained.

Nor could bankers explain what would happen if the bank fees exceed or fall short of the $325 million that had been disclosed in earlier public filings.

"He seemed to have a run of bad luck after that," the banker explained.

"Very well," he said, when the banker had explained.

But as one banker explained it, the belief is that if rights holders think others will get a better price, then they are likely to tender, too.

'This arrived for you this morning,' the banker explained.