Sean Barrett (Independent) | Oireachtas source

Thank you. I'll use up my last minute. In the same document, on page 97, the briefing note says, "I am aware that rising house prices in Ireland have been highlighted as a potential source of instability, due to the possible over-exposure of banks in this [matter].", and that was April 2006. There could've been no doubt - I put the point to you - that it wasn't possible ... it actually had substantially happened at that stage, the overexposure of Irish banks to property.