John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

That's fair enough. I want to refer, Deputy McGrath spoke about the night of the guarantee and Mr. Goggin having proffered the view here ... I think the quote or the phrase that he used when he made the suggestion about subordinated, certain dated subordinated debt, was that there was a potential overlap with senior debt and potentially with sovereign. How was it possible that your chief executive at the time can give evidence to the inquiry to the effect that he made that suggestion on the night on behalf of Bank of Ireland and its shareholders and everyone concerned and that you, as chairman, say that that suggestion didn't happen or you've no recollection of that suggestion?