Mr. Brendan McDonagh:

I think the evidence is that we do pursue them. We have about 324 cases in the High Court. They're reported quite regularly where we're pursuing people for judgments to try and get as much money back as possible, but you have to take a view sometimes that there's, you know ... somebody has sold all their assets and they have no assets left. Are you going to spend money pursuing judgments just for the sake of pursuing judgments when it's actually going to cost you lots of money legally to do that when effectively there's nothing there to pick up? So the reality is that everybody wishes that the assets were there to pay back the €74 billion. I'm saying to you, the value of the assets isn't there to pay back the €74 billion and what we think we'll get back ultimately will be ... pay off the €31.8 billion debt plus a bill in surplus at the-----