Marc MacSharry (Fianna Fail) | Oireachtas source

Okay. In terms of the guarantee, in your e-mail to Brendan McDonagh of the NTMA, you refer to, "In the event the State provides a guarantee for all deposits and credits, of the domestic banking system...", and it goes on later, "...Minister confirms intention to provide guarantee, if required." It would appear that a pre-determined position may have been agreed by 26 September. Can you advise on the discussions and analysis provided by the NTMA in response to your e-mail, and discussions with the Secretary General on the same-----