Mr. Paul Gallagher:

Well, my information came from the briefing documents from the Department and originally, it is true to say, Deputy, that the focus was on individual institutions. As 2008 progressed - and, particularly, I think, by April, 2008 - there was a concern with regard to systemic risks across the financial system. I think as and from that date but, more particularly, later and in August and September, there was a preparation for the possibility that a guarantee might have to extend beyond the individual institution.