Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Okay. And referring to those very slides, Mr. Gallagher, there were some from February '08 and then a further presentation - all this has been in evidence previously but we don't need to take the time to put it up. I just want to ask you one thing in relation to that ... in this ... that the February slide said, "open-ended [...] State guarantees [exposing] the Exchequer to the [...] the [...] significant [fiscal risk] are notregarded as part of the toolkit for successful crisis management and resolution". But then, come February, there is added ... or sorry, come April, there is added, "there are circumstances where such guarantees may be unavoidable to maintain confidence in the overall financial system." That's the first time that this is mentioned in this way. Can you throw any light on that development of thinking in the Department?