Mr. David Duffy:

I came here for the cap. That is what the market was, as set by the Government, and I accepted that. Moreover, my first reaction, when considering the severity of the situation, was to volunteer to cut the salaries of myself and the other senior executives by 15% for starters. That is what we did, and on top of that we addressed benefits and other issues of potential pensions etc. From the perspective of what people get in the organisation and in the community and what skills one gets for that, I was willing to take it at that level and was willing to take those cuts and show leadership in that respect.