Mr. Joe O'Reilly:

Well I think the banking thing, I think the banking is being dealt with in a number of different ways and it's not for me, and I'm not an expert on this, but there are a number of things. The Central Bank has intervened in relation to the provision of housing and the, the level of mortgages that people can take. And I think that's, I think there, there ... you know, there, I think that's well intentioned. I'm not sure I agree with how they have done it and I'm not sure I agree with all the elements of it but certainly the principle of it is good. The, the banks themselves, in terms of, as I understand it ... and I'm trying to remember the exact term but the, the level of deposits they have is reflected on ... or the basis of, and the level of deposits reflect the amount that they can lend.