Mr. Patrick Neary:

Well, on the night in question, I wouldn't say it was advice. We, the chairman and I ... when we revisited that meeting, the Governor had mentioned to us that the ... the ... the kind of choice that was being considered was a nationalisation of Anglo and a guarantee of the rest or a guarantee of everybody.

When we entered the meeting we were asked to give a kind of view on that. We expressed a concern that if the guarantee wasn't very sharp and focused, and if it left questions out there about its extent or who it applied to or all the rest of it, there was a doubt about its ... we were worried about how it would be received and how effective it would be. And the reason that we expressed that concern was that, earlier on in the month of September, the Minister had announced an increase in the deposit guarantee scheme and there was ... we were getting a lot of phone calls into our helpline, and into the consumer information office, about what was covered, and who was entitled to what, and all the rest of it. So our concern that we expressed that night was grounded in that.