Mr. John Corrigan:

Well, it became apparent to us when we got involved in the crisis in September 2008 that the information available within the regulator appeared to us to be sadly deficient. And we would have pushed strongly, and I think Brendan McDonagh may have mentioned this in his evidence, for the regulator to get a third party in, which ultimately was PwC to do a deep dive, so to speak, on the books of all the financial institutions. And that was the first time, certainly from our point of view, that it became obvious to us that various connections had exposures to all the financial institutions, and when you aggregated those connections, it was a frightening vista.