Dr. Peter Bacon:

I am in no position to evaluate NAMA and I have not evaluated NAMA. The only remark I would make is that I think one significant development, it appears to me, subsequent to my work and subsequent to the establishment of NAMA was, of course, the negotiated programme, the bailout and the troika. I think there was a decision on foot of the troika recommendation to accelerate NAMA receipts. That certainly would have infringed on any effort to achieve a long-term maximisation.