Mr. Dermot Gleeson:

No I don't think so, and I mean that's a very obvious question and creates the impression that it was rubber-stamping, and it wasn't actually. I mean, when you think of it, the idea was that these credits, like the one I've just mentioned for instance, you don't have in your small papers, but I have in my long papers, because you have them as well, but ... the mark-up for that particular credit, and I have it here, 48 pages of analysis and analysis of who the independent valuers are and what they say about everything, the loan to value of every component, the track record of this customer, what their personal net worth is, their personal net worth statement, all their own assets, running to €2 billion in this case, their repayment history, so, the mark-up on a document like that would be very substantial and would give you all the history and then there would be an industry appraisal. Some of this was for office development in Dublin, "What does the office development market look like at the moment?", so it was quite a stringent process.