Mr. David Duffy:

I think to be honest, Deputy, my level of knowledge was sort of publicly informed confusion a little bit. There were lots of tables out there which were accessible to anybody in the public, indexes of property versus income, pricing movements across a high to low of Europe and, in all of those, Ireland and Spain were right at the very top and consistently so. There was much commentary in the two years prior to the crash in the Financial Times, in other magazines, in The Economist, people making humour of it; that the difference between Ireland and Iceland was six months and a spelling mistake. I mean, so there was a lot of commentary before the event.