John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Yes, well I just wanted to put two quotes from the minutes from 13 October and, I think, 17 October, where the first quote from the Court of Bank of Ireland said: "Mr. O'Donovan also reported that he had a signal from a CBI executive who was attending the IMF that Bank of Ireland should approach Government for capital", and in the last paragraph of those minutes it said: "There was however, a general recognition, that it would be inappropriate to push the Government at that time, as the Exchequer budget was due to be announced the following day." And further on, then, on the 17th, Mr. Goggin, the chief executive, was quoted in the minutes. There was proposed a range of immediate actions that he sought endorsement from the Court of Bank of Ireland, including to explore a capital injection by the State; and that was 17 October. Again, I'd just like to ask you briefly for your reaction to that evidence? And seeing those minutes now, you used the word "coy", can you elaborate maybe a little bit more, particularly in light of the fact that Bank of Ireland, proportionately to other institutions, didn't receive as much of an injection subsequently? We haven't had any other evidence from other institutions that at that point in time, in their minutes at least, that they were aware of the need for a possible State injection.