Mr. Mike Aynsley:

We try to run this as tightly as possible.

Going back to the NAMA situation, it is important that people understand the model used. About 250 staff are directly or indirectly associated with the supporting of NAMA. NAMA has around 200 staff but that number does not include the staff sitting in those participating banks who provide services to NAMA. NAMA has effectively outsourced those services. If we transfer loans to NAMA on day one, this represented a transfer from one set of accounts on our computer system to another set of accounts that were sectioned off. We still undertake all of the loan management operational work associated with the management and maintenance of those loans. We have teams of people who are operating under a service level agreement with NAMA to support those loans and the needs of NAMA. To look at the total number of individuals and the costs associated with that, we must take not only the NAMA staff but the staff in each of the banks that support the agency. We have just less than 800 in the core of the institution by year end to support the wind-down activities of IBRC.