Mr. John Hurley:

On collateral rules generally, the Central Bank would, over the years, have taken very strong initiatives in relation to the widening of collateral eligibility. And the best example of that is the asset-backed securities debate, which involved a significant enlargement of collateral for us. But also around that time ... around the time prior to the guarantee, in the period when I was ill, within the period when I came back, there was interventions by Ireland to try and expand the collateral list. Now, our interventions ... we would have known that it takes a considerable time to adjust collateral. It has to be done as a unified list for all parties and not just for an individual country. So ... but, nevertheless, the point was made. We weren't successful at that particular time because it would have required an extension of collateral for all countries, not just Ireland, so I think the suggestion-----