Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

You said, Governor, that there was excitement and alarm at ECB level on 18 November. You made contact with Minister Brian Lenihan, the following day you made the statement on "Morning Ireland". On 19 November, Mr. Trichet issued the infamous letter to Brian Lenihan, which contained what I think can only be described as a very direct and explicit threat. Is it the case that the ECB, come hell or high water, was determined that Ireland would get into a bailout?