Mr. Brian Cowen:

No, I think it was obviously being monitored by the Department and the regulatory authorities all the time. But the question of at what stage ... there was a certain point at which the European Central Bank said, "Look, we have been as helpful as we can be for a long time here. This is emergency liquidity assistance, it's not, you're now on this emergency liquidity assistance for a time that's beyond the contemplation of what we expected, and therefore this question of the need to restructure has to come onto the table quickly." I think that's where ... in fairness to them ... that's where they're coming from. From our point of view we were saying, "Look, we're preparing, we are behaving in the right way, we want to get our public finances into order, we are producing a plan to do that. We're prepared to talk to you about a parallel or probationary programme if that will help ye guys to reassure ye guys that we're heading in the right direction here." Well, it suddenly became a situation where it was "Get into the programme."