Mr. Brian Cowen:

I was aware ... Look, I was aware that obviously there was ... you know, there were property investments made and that these were banked in Ireland. I wasn't aware of the individual situations or the people that were involved specifically. I don't know that business. I don't know people's business, in that sense. But it wasn't the view that there was going to be such a problem that there was no way that people were going to be able to deal with it within the capitalised structures that they had. That was not the view at the time because the value drop came later on in the year-----