Mr. John Moran:

The only thing that we would have been doing is to the extent that the management were looking at blocks of loans. We would have our team that would follow what they were recommending on various loans and disposals of them. The provisioning is a matter for the management of the board themselves.

We did, and would typically, attend some of these meetings at which issues would be discussed. For example, before Christmas, I had a discussion with members of the board and some other people presenting on different blocks of business of the bank and how they might address whether they would sell or hold and things like that, and the provisioning would have come up in those discussions.