Mr. Dermot Gleeson:

No, I suppose my view is that the difficulties that arose were much more marked in the other two institutions. I mean, the extent of the loan losses was more significant in some ways.

I think that in September AIB was in better condition and if you look at the outturn Deputy, look at it simply as that. Of the €64 billion that the State has had to put out to rescue the banking system, AIB and Bank of Ireland are well ahead in paying it off. AIB will repay hopefully what is owes, but the €35 billion that went into Nationwide and Anglo, only a very small proportion of that, I understand, will be recovered. That's why there is a difference between them, that's all I say.