Ms Cathy Herbert:

I think we had ... we'd had discussions later when, you know ... after that decision his job was to come out and execute that decision and defend it - and he did. And, I mean, he did so quite trenchantly in actually the meeting that took place of this committee as it was then formed in 2009. So he ... he defended the Government decision and ... and his energy went into that. He ... he ... I was aware that he wanted to draw a distinction, as I said earlier, between Anglo and the other banks because he was concerned about ... that the reputation, generally, of our financial would be, in so far as possible, protected. But as I said, he didn't realise at that stage the extent of the trouble that was in the other banks.