Mr. Cormac McCarthy:

Yes, I suppose so, Deputy, in that if the regulator had said to us, "Don't do this" and had brought their ... you know, as has been seen subsequently, you know, had brought themselves to bear on us, we were respectful enough. Now, in fairness, we would have had a discussion about it, but, ultimately, if the regulator told us not to do something, we wouldn't have done it. For example, the 250% limit, we did not breach that limit, so we were conscious of our obligations and respectful of the regulator. So, you know, non-objection is tacit agreement, but if the regulator told us not to do something, we wouldn't have done it.