John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay. In reference to a comment that you made in answer to Senator MacSharry earlier, you said that you - and I think I'm quoting you correctly - you don't remember anyone making an assertion that on ... banks were insolvent on the night of the guarantee in the meetings that you attended. Was there an extensive discussion around the matter of insolvency or the potential for insolvency or that the illiquidity which everybody has acknowledged existed could ultimately lead to insolvency?