Mr. Dargan Fitzgerald:

Any comments I make would just be personal and, in that context, I'm just not sure because I just don't know. I have a suspicion that the ... an instinct that we were perhaps, collectively, in discussions like this, assuming that it would have been very different in terms of the financial reporting of losses. I'm not actually not sure, given that it would have also been evidence based, whether it would have made as big a difference as one thinks but the next point is even more crucial. I don't think the financial reporting of the losses was linked to the presence of the underlying causes of the crisis. The losses reported, whether in any particular period, are a consequence of the factors that caused the crisis, they didn't cause the crisis and I think that's a very important point.