Mr. Gerry Fitzpatrick:

-----and any drying up of liquidity is an issue, so I was absolutely aware of that and absolutely focused on understanding what implications it could have. You could see, in 2007 - and perhaps earlier - that the model for funding which included securitisations, which is a normal model for banks such as Ulster Bank, the appetite the market had for taking up securitisation notes was reducing and therefore that had an implication. So, capital planning was hugely important and so clearly that was something that was unpredictable but obviously the processes, in a sophisticated group like RBS, allowed them understand what that was. The unmanageable piece, in my mind, was more in relation to asset values that were underpinning the potential future loan losses and that was much more unpredictable. I mean, I think when we saw events happen through 2007 and into 2008, when we had all the various things that happened in the global credit crisis-----