Metanor thought what they had was enough, turns out Metanor needed just a little more, but the point is Metanor has enough to meet obligations without issues, if they need more it is there for the asking, the dilution over the last year has been contained Read more at

It is  pity that the phrase "dilution over the last year has been contained"

This parrallels Ben Bernanke's comment that MBS problems were contained in 2008.