Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

And your consideration of revoking the bank guarantee at that period and burning bondholders and large depositors, you say that the risks to this being successful was that the ECB might have demanded that the procedure was reversed, and that we would be back at square one, we'd be back at the first point where the guarantee was still in effect and we would have lost market confidence. Was that the main consideration that you had in relation to not recommending this to Government?