Mr. Richard Burrows:

My recollection is that it ... when we came back to report to the meeting that we had with AIB, being successful in putting together the €10 billion to resolve the situation with Anglo, it was at that point that we were informed that a guarantee was going to be put in place. I think the Government made reference to the fact that they were going to have to call some kind of a Cabinet meeting in the middle of the night to authorise this, but that it was planned that the creation of the guarantee would be announced first thing the following morning.