PIMCO president on where investors are taking undue risk

When when you're doing a data center financing, by how much is that data center insured. You're generally not insuring 100% of the value of the data center, but you're you're insuring some significant portion of the data center that gives uh ultimately that gives the lender u protection or things like in chip financing. These are very detailed elements, but you you really have to get into the granularity of these things.in chip financing. Do you have the right on day one when you lend uh the money out to go ...