Mr. David Doyle:

Okay. Okay, don't hold me to specific figures then - but if there's a particular document, I'll have a look at it - but my recollection is that post the increase in the deposit guarantee scheme to €100,000, the view was that that bought time. It bought time to ease the concern of the ordinary citizen who had a few bob tucked away in the banks and was concerned about it ... that assuaged them. But, in relation to what the position was in the banks, the Department and the National Treasury Management Agency were very concerned that we didn't have a flow of information coming to us about what the real state of play in the financial institutions was.

PwC were commissioned by the regulator, to my recollection, at the request of the NTMA and ourselves to go in and have a look firstly, at what the liquidity position was in each of the financial institutions and in the case of Nationwide, I think what they found was that the, there was, strangely enough a large cash pile at the time, which was going to dissipate rapidly over the following few months because there was a major facility going to expire. They were, they were losing a lot of their normal deposits. If you recall, there had been a false story published at the beginning of September 2008 to the effect that Nationwide were in discussion with their, with their lenders in the context of, of seeking protection. I can't remember the exact story but it was false and it did damage them, quite apart from whatever other damage might have been done there anyway. They also went in and looked at Anglo, and they found-----