Mr. Brian Cowen:

Yes, well, it wasn't a question of a showdown; it was a question of them confirming to us what we had gleaned from our own intelligence, which was that you couldn't get the EU and the ECB onboard with a suggestion from an IMF official at the level that we were ... that was dealing with at the local level. He had gone to the IMF and they had rung their G7 or their ... their top contributors, and under no circumstances, as far as the US Treasury Secretary was concerned, would there be ... would there be burning of bondholders. Now, I don't have the influence to overturn a G7-type body. We just weren't gonna get it.