Susan O'Keeffe (Labour) | Oireachtas source

Okay, and I'll come back to that. So just to go back then to William Beausangs e-mail of the 26 September, in which he said he had spoken with the Secretary General that morning, that's the Secretary General of the Department of Finance, and he was now asking for the NTMA "to crystalise the issue that might be expected to arise for our sovereign rating in the event that the State provides a guarantee for all the deposits".

So when you got that e-mail, at 13:26 on the 26th, was that the first time you'd been asked specifically for a direct piece of analysis relating to a guarantee?