Mr. David Doyle:

Well, a lot changed between January and September 2008. The financial markets continued to melt down and then reached crisis point. The resolution mechanism that was available was the one that I outlined to the Chairman. An examinership of a company, an ordinary company, doesn't give rise to the same sort of an issues that does in relation to a bank. If you appoint an examiner to a bank, the first thing that happens is that a red card goes up around every money desk around Europe and the world, and no ... and funds are called and there's no fresh funds made available. So you instantly trigger a financial crisis with that institution. So an examinership wasn't judged, at that point, to be an appropriate approach. You must remember that throughout the year, all these financial institutions were producing annual reports saying they were making huge profits with their interim results and five-year declaring dividends. So, there was nobody saying we are going to have an actual crash.