Mr. Donal Forde:

No. No, and I think it's worth me saying this emphatically: I don't think, even now with the benefit of hindsight, there was an absence of rigour, if you will, in terms of the process of looking at loans. Our weakness was in the assumptions by which we tested them and stressed them. They were just not remotely challenging enough. I don't ... there was a lot of attention, an enormous amount of attention given to loans. I think the processes were pretty rigorously followed, but the assumptions that guided those processes were wrong, they just were not conservative enough-----