Mr. Kevin Cardiff:

I mean, I was abroad one day and I couldn't get money out of the bank machine and I thought, "Oh my God, is this".... you know, maybe with a little bit more inside information ... we were at that level of risk for a long time and the guarantee held those things together for the best part of a year, notwithstanding that no one ... none of us like it, but for a year it allowed us time to get ready, prepare. It allowed the ECB to get used to the idea that Irish banks would need support. It did allow things to happen, but, yes, the storm was even more perfect than it seems here. It got worse and worse and was masked somewhat by the guarantee.