Mr. Kevin Cardiff:

ELA, emergency liquidity assistance. It actually takes some preparation; you can't just do it, you know, it takes some preparation. We had the possibility of giving very extensive loans from both the Central Bank and the Exchequer's own resources, which had been prepared for, and we'd actually built a cash pile, or the NTMA had built a cash pile for this purpose. We had the option of giving loans from the NPRF in various forms, with paperwork already tested out during the ... during the previous months. We had the option of setting up a CLS or an SLS, a liquidity swap arrangement along the lines of ... that had been used in the UK for several months at that stage, which would have converted bank assets into Government assets to ... so that they would get cash from the ECB. In other words, a way to get back-door financing of the banks from the ECB. I think there were other things too. But that was the sort of list of things that we could do pretty much on immediate notice that night.