Mr. David Went:

Well, obviously, it happened because, I suppose ... I wasn’t around at the time so I’m ... I’m speculating to some extent ... but, no, I'm speculating to some extent. Perhaps it was because people took a more negative view of the asset portfolio of Irish Life than they did of other people’s portfolios, that’s one aspect of it. So, therefore, depositors wanted to withdraw their money more than they might have done with other people. Equally, because we had a very wide sort ... we had a substantial reliance on ... we had a substantial amount of short-term funding, that all just stopped straight away. Commercial paper average duration was 40 days so once the commercial paper market was shut, like, you know, that was it. So that was what ... and I’m not sure that any analysis of this, any stress testing of this would actually have taken you to where it actually went to.