Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Okay. As it happens I'm running out of time so I have to move to my next question. But, on dividends, because we had this in evidence from Mr. Neary, when he was in with us previously, in 2008 €1.2 billion in dividends was paid out to shareholders by the Irish banks, banks later be guaranteed in September, and so that, that liability effectively came onto the taxpayer. Did the Financial Regulator have the power in 2008 to stop the banks paying out dividends?