Mr. David Doyle:

For a start, this is about a fortnight before the actual meltdown of the market. Secondly Goldman Sachs were in there originally doing some work for, as I regard, Nationwide, and they were asked by the Central Bank to go in and have a look on their behalf. So, while they did say this, they also said I think over the following fortnight, that things weren't as bad as they thought originally. Goldman Sachs expressed that view in some document or other. The, the central point that you're making is that the system didn't have adequate information, we found that the regulator ... did not have adequate information to say to us exactly what was their liquidity position, what was their exposures. And we weren't happy with that, we were pressing the regulator to get people in ... Goldman Sachs did some work for them, they eventually brought PriceWaterhouse in to do a, a job on the liquidity and then they also asked them to do a significant job on the loan book.