Mr. Paul Gallagher:

There was no legal impediment and, I think, as the committee have heard, we had the legislation ready to go. That was the case and I think what was interesting and what was important is that the decision arrived at was made after considering the various options and everybody was listened to. I wasn't privy, as I make clear in my statement, to discussions that took place between the Taoiseach and Minister Lenihan privately. I remained in the Taoiseach's, I think, conference room or consultation room throughout. I went out for various bits and pieces but I never got involved in any of the political discussions. So, I can't enlighten the committee any more in relation to that. But Minister Lenihan never said to me that he was overruled and a decision was made after considering all of the options. Nationalisation was one of them and I think I outlined in my statement why it was considered that was not the route to go. Sorry, Chairman, thank you.