Mr. Brendan McDonagh:

It's impossible for me to speculate on that, Chairman, because I think there was a view that, certainly amongst the system other than the NTMA, that the banks could muddle through, that they just needed liquidity, and if they got assistance in liquidity, mainly by ourselves ... to increase our deposits on the banks, that this would be a great help and they muddle through and maybe there would be a wider solution, maybe a European-wide solution ... that could happen, that could help everybody.