Mr. John Corrigan:

Well, certainly, I shared the view with Brendan McDonagh, and I think the chief executive was of the same view that Anglo should have been nationalised. But what informed that view would have been the business model which clearly was different from the mainstream banks, if I could use that term. So I referred in my opening statement to the collapse of Northern Rock. I mean, that had a business model, in a way not dissimilar, it wasn't entirely the same but not dissimilar to Anglo Irish, to the extent that it relied for its funding on non-retail deposits, and it seemed to us that for the foreseeable future, the interbank market was hopelessly broken, not just in Ireland but globally and so it, it also .... I think the information to the extent that we were involved, from September 2008 .... we were, we were directed by the Minister for Finance to assist in, in looking at the problems which were arising, that there was a lack of visibility, really, around Anglo and its funding and we felt that the earlier you got your hands around the throat, so to speak of Anglo, the better. Whether, ultimately, it would have made any difference to where we are today, that's a matter of conjecture, but we felt looking at the business model, looking at the background intuitively it was the way to go. I mean, we didn't have ... we ... it wasn't based on a detailed, sort of, business case, if that's the question you're asking me.