Mr. Cormac McCarthy:

I did, Senator. There was quite a degree of conversation. A number of our non-executive directors would have raised property concentrations at various points along the continuum. We had various reports to the board at a variety of times from either internal management or third parties around the economy, and I think what the board did was accepted management's representations around the quality of the portfolio and the analysis that came behind that, which was significant, and also accepted the economic ... the general economic environment and expectations for growth that were there, but, yes, to the credit of the non-executive directors in the Ulster Bank board, it was a board that, you know ... it met regularly, and there was good debate, and there was good challenge. And I think that's been evidenced by some of the papers we referred to earlier where some of the non-executives were challenging what was going on in the business, so I think the evidence reflects that, Senator.