Mr. Kevin Cardiff:

Well, that work was happening. I mean, the ... excuse me, you ... the committee's request ... instruction to me to attend arrived before I'd done the capitalisation chapter but, basically, between 2000 and ... well, from ... okay, phases - and I'll go through them very quickly because I know you ... the second ... the last quarter of 2008, engagement with the banks - a lot of it - on whether and what capital they need and, more importantly, on whether there's private sector capital available, so ... and there was a lot of people around to claim they had money available but in the end none of them delivered. First half of ... first quarter of 2009, Anglo nationalisation, actual recap work going on and the first engagements on NAMA. The second half of ... second quarter and third quarter of 2009, great deal of effort on NAMA and more work on recap. That work ... work on NAMA, in particular, goes into the end of 2009. 2010 we're saying, "Look, time to take stock," big effort on stress tests and so forth, PCAR, and, again, just see ... and an effort to see if the recap effort is sufficient. For AIB, it turns out not. More work on Anglo as the Anglo book gets going. So 2010, April-May, two good months, April in particular. Work on private capital for Bank of Ireland, down to their own efforts as much as to the public effort. May, sovereign crisis starts - coping with that through the summer. Then implications of that four-year plan start. There wasn't a moment when we weren't working on it pretty hard. Maybe the consolidations was the only thing that you would accelerate because, remember, the recaps happened as the information became available. Consolidations could have happened earlier but I'm not sure it would have made much difference.