Mr. Patrick Neary:

All I can report to you, Senator, is what transpired at the meeting ... the two meetings that I was at. And at the first meeting, the ... the focus was on trying to establish the position in relation to each of the banks. And there was some discussion as well there the Governor had advised about or arrangements that had been put in place to support Anglo overnight the previous night and ... and whatever. And there was a ... there was a brief kind of overview of the options that were available. And nationalisation being one and the guarantee being the other. But there was no ... when we were at that meeting, certainly no discussion as to preferred options or combinations of options or that, other than to just, if you like to describe the options that were available. So this is ... this is the menu of options we have and it was left at that. And when we came back, and this was several hours later - and I believe in the meantime there had been that meeting with the banks, the first of two meetings, I believe that did happen - the options had narrowed down to full guarantee or five and one.