Mr. Con Horan:

I accept that but I would have had my own perspective. My own perspective at the time would have been it was largely liquidity driven but as I mentioned earlier on, liquidity and solvency are two fairly closely related issues. So to the extent that the international market was extremely nervous at the time and was wondering where it would invest its money, clearly one of the issues of concern to them would have been ... sorry, the major issue of concern to them would have been property, the Irish banks' exposure to property.