Mr. Brendan McDonagh:

Well, I mean, these were meetings involving the senior people in the Central Bank, the senior people in the Financial Regulator, the senior people in the Department of Finance and ourselves. And all, I suppose, the workflow that was coming out of those meetings. And the product is there, was that there was two separate Bills to be worked on intensively, which is the building society nationalisation Bill and a bank nationalisation Bill. And towards the end of that week on 26 September, there was work going on, basically, on a secured lending scheme. You know so that's ... all I can say to you, Senator, is that the discussions and the workflow seemed to be going a particular direction. When it came to the night of the guarantee and the Government made the guarantee decision - and I respect that's the Government's decision - it seemed to be out of the hat that, you know, the least probably viable option in my view. And I mean it's only my view in terms of the options put forward by Merrill Lynch, was suddenly the one that was pulled out of the hat. So I mean, as I said before, when I was back here in April I said, you know, there could have been other conversations happening which I was not party to, there could be conversations happening where people might have taken the view I didn't need to know about these conversations, and that's absolutely fine. But all I can tell you is what I know.