Mr. John Corrigan:

Well, I think, during his evidence, the former Secretary General, Cardiff, referred to the so-called "Johnny Logan" group, as he humorously put it, and this was where the domestic standing group was, if you like, decided to do an exercise on brainstorming to see to what extent the €35 billion, for example, by way of extra recapitalisation, which was earmarked in the programme, how we could mitigate some of the provisions in the programme. So, it was on foot of that we revisited the question of burden-sharing and I think it's fair to say that in the paper, we do say the haircuts are indicative only but, I mean, it was a strategy that we recommended, which was consistent with what we recommended back the previous November.