Mr. Kevin Cardiff:

Well, I think, yes, it's quite clear. I think there was a discussion in which people, including the Secretary General and the Minister said:

Look, lads, that looks like it's more than the Exchequer will be able to bear. It will cause problems for the sovereign credit, and are you sure it's necessary?

And they said well ... they, sort of, seemed to have a fall-back position that came ... came readily to hand. So they clearly had given it some thought which was that we take a particular type of loan, the ones which are most likely to be stressed. That would probably achieve most of the benefit with less potential for knock-on effects for the sovereign.