Mr. Brian Cowen:

Yes, well no that wouldn't, that didn't ... that conversation I don't believe happened in my presence. It may have happened when they were drafting or talking about it. I understand, again, reading from documentation that, that may have been on the basis, I think even the regulator was ... if I'm right in this I'm not sure, saying that his job wasn't to give a warranty either, it was a question of leaving that out rather than sinking the ... they weren't solvent but I think probably though the banks, those two banks didn't want to be involved in deciding on other people's, what other people's position was. They clearly didn't know what their own was.