Mr. Pat McArdle:

Well, let me ... the answer to that, Deputy, is no. I said earlier, on the morning after the guarantee, it was a surprise. We all know what happened after that, when the €64 billion effectively materialised over the following two-and-a-half years and I would think ... first of all, nobody there on the night at the guarantee envisaged it, I would say, No. 1, and certainly, as far as I'm concerned, for me, I certainly did not envisage it. I had no idea that the commercial book for the banks was in such a state.