Mr. David Duffy:

It's hard to observe on an individual case level. I would tend to look at it as allowing such concentration in an asset class would suggest a weakness. I don't know the individuals or the process, but I think there are many issues which I would look at today as being best practice which perhaps the industry didn't have at the time, not just AIB, but having a chief risk officer who is independent and having risk managers who are independent of the business, not allowing the business to originate and approve its lending, having all exceptions to any limit automatically escalated and supervised by the board directly. Those are the things which probably didn't all exist at the time and certainly, for best practice, should exist.