Mr. Brian Cowen:

Well, there wasn't a review because it had just started ... it just ... it was bedding in, it was getting its ability to raise its own finances through this funding mechanism we discussed earlier. I know that there was a strong effort being made by the Governor that it would be a good pragmatic working relationship with the regulator authority. He didn't want any ... you know, he wanted to make sure this need to work together was firmly established from the very beginning, again, under this new aegis, this new structure. And that, you know ... so that ... that worked reasonably well. I mean, there was a review, I understand, from Mr. Considine, who was the Secretary General ... first Secretary General in my time, where, I think, either the OECD or the IMF did a peer review study of how this Central Bank and IFSRA authority was working and it, sort of, came out okay. So, again, what does that tell you? It just tells you that the Government's mechanisms that were in place seemed to be working well but at the end of the day, we know where we ended up and what the failings were which were outlined in Nyberg and Honohan.