Mr. Michael Walsh:

Sorry, my understanding of the purpose was to make sure there were contingency plans in place in the event that, you know, there was a severe outflow of funds, you know, as a result of that story and, consequently, you know ... I mean, reality is that the approach ... because I think earlier in the year the Governor had actually approached both of the two pillar banks with a view to, "If there is a problem, will you be there for a private sector solution?" I think what maybe the Governor didn't understand at the time, or maybe none of us really understood, was just how widespread and systemic the problem actually was.