Mr. Pádraig Ó Ríordáin:

Well if bank A was insolvent then we would have been asked to advise, well, now that the bank is insolvent, what do you do? And we were never asked to advise in relation to that. Until of course, INBS was ultimately liquidated. But certainly in those days, we weren't asked to do that because again the policy of the State was very much to stand behind each of the banks and keep them solvent.