Ms Cathy Herbert:

I think that was subsequently and I mean, after the deposit guarantee ... sorry after the bailout, I remember having a discussion with Brian Lenihan where I was talking about the role of the ECB and he was very quick to say, you know, where would our banks have been without the ECB? They had a huge level of exposure to Ireland and they lent to Ireland at a very crucial time. And that's true but I think his difficulty was that they didn't want to tell the markets they were lending to Ireland.

And that was the problem, that they ... they did so, but it was almost like the love that dare not speak its name. They were ... they did support our banks but they didn't want to let anybody know about it and they weren't happy about the extent of their exposure.