Mr. Patrick Neary:

I think the exercise was effective because it bore no relationship to what eventually emerged. I mean, what the crisis exercise was about, was how we'd react to a problem in an individual institution and I suppose in that context it bore very little comparison to what eventually emerged as a ... which became a systemic crisis, so it wasn't that something cropped up all of a sudden that nobody saw. But it did, kind of, show that, you know, the kind of areas that would certainly be called upon in the event that a crisis emerged like, "Have you got your collateral ready?", you know, these kind of matters. Have we got the information? Have we got the right people available?, etc., etc. So, it kind of ... the procedural issues would have come to light after the crisis ... crisis exercise.