Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Okay, thank you. Now, just then on ... in relation to the veto on burning bondholders, can I ask you, Ms Nolan, it's core document Ann Nolan, Vol. 2 and it's page 19. This is a letter from Mr. John Corrigan, the chief executive of the National Treasury Management Agency, to Brian Lenihan, TD, Minister for Finance, dated 28 November 2010. And in the second paragraph, Mr. Corrigan writes:

I learnt during the course of the discussion [and that was a discussion at a meeting of the Government the night before which he attended] that the external authorities and the European Central Bank (at board or equivalent level) had taken the view that burden sharing with unguaranteed bank senior bondholders was "not on the table". It is unfortunate that, notwithstanding the fast moving pace of recent events, I was not made aware of this outcome.

Ms Nolan, is that an extraordinary revelation that the NTMA was again outside the loop which seemed to have happened the night of the bank guarantee as well?