This transaction moves our auto finance business to a new level and gives us access to a new set of customers who can benefit from Wachovia’s broad offering of financial services.

It is not unreasonable to expect that at some point in time we will want to do some building.

We have carefully evaluated our options and decided that — as one of the nation’s leading retail banks — we will issue credit cards directly.

This transaction also provides Wachovia with the opportunity to enter the California banking market in a modest way.