Mr. Paul Gallagher:

I'm sure there's always an element of a figure of speech, but Governor Hurley is very measured, and, I think what he was really saying is, "If this doesn't work, recovering your position, because of the damage that will be done, is going to be so difficult." That's what it conveyed to me, and in my mind, whether accurately or not, I had the picture of the 1980s and a different Ireland because, without a financial system ... and also, I think ... I don't think it was explicitly said, but I think everybody had a very serious image in their mind of social cohesion. If the financial system were to break down, was society going to survive this? And, I don't think anybody stated that; I don't think it needed to be stated. You had very experienced people there. That's, I think, the image that people had.