Mr. Tom O'Connell:

Well ... maybe contrarian ... contrarian views probably didn't drift up to the board, I, I, that would be certainly the case, I think. I would have often ... I would have often said informally, I won't say daily, but I would say weekly - and I'm under oath - I would have said to my senior people that things were going crazy; the banks have to be reined in. I said this many a time. In fact, when the ... they mentioned there that one of the leading people in the regulatory staff, I said to him that property and construction lending at that particular point was growing at 65% year on year. Now, you have to recollect, this was in the euro area. The ECB indicated that the appropriate growth in the money stock in the euro area was 4% to 4.5%, credit and money 4% to 4.5%. We were at 65%. You know, I mean that was 16 times-----