Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Yes. And, very finally, you said that the ECB had the power and the right to withdraw ELA support for the Irish banks. But when you saw the letter of 19 November 2010 to Minister Lenihan, when the ECB linked the continuation of ELA to the introduction of fiscal consolidation, structural reforms, financial sector restructuring, did you have any concern that in making that link between ELA and issues that would be perhaps outside the mandate of the ECB, that it had extended its reach too far?