Mr. Dermot Gleeson:

I approved it at the time, but it was a mistake. There was some dissent from a couple of members where they raised the question, saying, "Is this wise?" And I think the recollection was ... the reason for it, and it wasn't a good enough reason, was reassuring the markets. "We are still on track, we're okay." It was ... you probably know that earlier in 2008, there'd been Northern Rock, Countrywide in the States, and people were beginning just to peep at banks and this was a statement that all is well at AIB, but it was a mistake. Let me absolutely-----