Mr. Cormac McCarthy:

It was principally wholesale and corporate, because they were significant... they were of size. So if you were aware that a customer had a large amount of cash, and because you had a knowledge of a customer, then it would be... you know, it is easier to get that then a whole load of small deposits. So that was the behaviour at the time.

It didn't last very long, the regulator stepped in very quickly and the instruction was issued. I believe the Minister may have said something at the time that the guarantee was not to be used as a means of acquiring deposits. The guarantee was meant to be protecting your existing base and not as a means to go and take deposits from other institutions.