Mr. John Hurley:

My memory of this ... the night of the decision on the nationalisation of Anglo, I was in Frankfurt and I was on the phone to the Minister, but I wasn't present at the discussions. My understand is that everything was in readiness to recapitalise Anglo Irish Bank. I don't know exactly what happened at the meeting but I do know that there was ... as far as I know, some advice from, I think, Merrill Lynch in relation to nationalising a bank. And, secondly, there was the corporate governance issues that emerged and which, I think, the Minister was very upset about.