Since going public two and a half years ago, MoneyGram has made great strides by pouring energy and resources into several critically important areas for business. Millions of people around the world trust MoneyGram, as the wired transfer system provides its customers with a reliable, fast and inexpensive service. As part of the 2008 Recapitalization, our wholly owned subsidiary, MoneyGram Payment Systems Worldwide, Inc., issued Goldman Sachs $500.0 million of senior secured second lien notes with a 10-year maturity. The benefits of money transfers by MoneyGram: the payment of transfers is made in cash. MoneyGram point-of-sale systems are continually upgraded to provide the latest new products and functionality. MoneyGram company operates around the clock and all 7 days a week, so the time of money transfer takes only 10 minutes.