Mr. Michael Fingleton:

We would ... when you ... we would be going on our experience with those particular developers or borrowers. From 1992, the vast majority of them were customers of ours, right up to 1997. That is 15 years. And we had little or no losses incurred in that period. And we had ... we had ring-fenced our area of activity and diminished the risk element by ensuring that all those loans would be redeemed within a three-year period. And effectively they were. So-----