Mr. Paul Gallagher:

I wasn't involved in any interaction with the financial institutions, with one exception that I think I mentioned. I ... the Minister asked me one evening to come to a meeting with Ulster Bank, who were trying to be included, but they weren't. And one of the decisions the Government took, and it's provided for of course in the legislation, that if a bank had the basis of support from its parent, as Ulster Bank had, there was no way the Irish State was going to provide the guarantee.