Mr. Richie Boucher:

In answer to a question from Deputy Kevin Humphreys we said the bank was a mover to say unsecured debt is a significant issue. If the banks agreed a protocol among themselves that if a customer had a Bank of Ireland credit card and a mortgage with Ulster Bank we would agree that reciprocation would apply, and vice versa. We take writedowns on unsecured debt. That is the nature of lending. Unsecured debt, by its nature, is lower down in the waterfall-----