Mr. Joe Walsh:

The insolvency legislation was passed last night and I have not seen it. However, I can state categorically that Bank of Ireland will comply with its provisions. As a public interest director, I will ensure that happens. When all avenues have been exhausted in respect of people who have distressed mortgages and a loan is irrecoverable, it will have to be accepted that one cannot knock blood out of a turnip, as they say in my part of the country.