Dr. Michael Somers:

The response was that "We've lent ..." ... whatever they could lend under normal lending and they were afraid of this emergency lending because it would get out into the open and that we had all this cash. And my attitude was, "Okay, well, look, the cash is with you, you know, it's not floating around in thin air, it's actually with the Central Bank. So if you want to lend to the banks, you go and lend it."