Mr. Charlie McCreevy:

-----funds, all these type ... they all played in this particular area, they all competed for the market ... so, therefore, it'd be a big jump of logic plus mathematics to link the amount of money that was saved, say, €2 billion a year to the money that the banks ... that went into ... that was in deposits in the bank to the tier 1 or other capital that banks would have been ... based their lending on. It would have some effect but nothing like ... you couldn't possibly explain the amount of money that banks started to lend from 2003 to 2007 based on what went into deposits from SSIAs. At least I wouldn't anyway.