Mr. Donal Forde:

I think it's true in some measure at least, and by that I mean this: I've set out in my paper, like, it's the manner in which we approached loan proposals for property and construction. And it was to ensure that there was security in place, to the order, generally, of 70% of the loan, but, more importantly, to make sure that in the first instance that there was a demonstrable means by which the loan could be repaid. That was done. I think where it fell down was that that challenge, if you will, to the repayment capacity of the loan was not rigorous enough at all. I do accept that.