Mr. Brian Patterson:

There was a conflict there between what might have been done in terms of simply attending to the safety and soundness of Irish banks, as if they were the only banks on the playing pitch and, at the same time, not putting them at a competitive disadvantage vis-à-visthe foreign banks who were operating in Ireland and you may recall that, in particular, two of the UK banks were behaving very aggressively at the time. And, yes, that was an issue and it often came up in discussion - both in the board and outside the board - as to how you reconcile those two things. And, as I mentioned, I think in response to Deputy Doherty, that when it came to the capital requirements that were imposed in 2006, that was an issue, as to how far we could push it without seriously disadvantaging the Irish banks.