Mr. Patrick Neary:

Well, I certainly ... I can't say that I would have had sight of a particular document prepared by Merrill Lynch and that was in Mr. Horan's possession. But I mean ... I ... we had to rely on the facts, on the facts as we knew them. And the facts as we knew them were that the solvency position was strong, the levels of non-performing were very low, there was essentially capital surplus to regulatory requirements in the system. Those were the facts, as I understood them. I mean these kind of commentaries were certainly out there but they seemed to contradict the facts. But this is all about confidence, I suppose, and do you know, it's about a view, and it was issued by brokers and that. You know, I don't want to suggest for a moment that there is an ulterior motive but I think you've got to be nevertheless careful in reacting to these assessments because you don't know the motivation behind them.