Professor Patrick Honohan:

I could imagine some people making those arguments. They won't come from the Central Bank and they wouldn't have any real force. It is true that in the post-Lehman's crisis in the United States there were ... some money market funds were actually rescued with an insurance programme that was brought in there, but that was a different environment in which they were a central part of the functioning of the New York and the US money market. These entities are entirely offshore, or, not entirely, but largely offshore and really have no interaction with the functioning of the Irish economy. Can I mention that the four ... I'll looked back when I was checking to see everything here, and it said, "What do other countries do?" Denmark was the last of the advanced economies that had one of these Basel core principle assessments before ours, which was recently published, and I'm happy to say that we're on par with Denmark, that they also had four-----