Mr. Gary McGann:

Thanks, Deputy. I heard earlier that Mr. Fitzgerald gave the testimony he did. I ... certainly that wasn't ... there was no way like that level of doomsday mentality. This is a very, very challenging ... let me not understate it. It was extremely fraught, very challenging, but it was totally liquidity based. The perception ... belief, rather than perception, was that the lack of liquidity couldn't sustain. It wasn't just Anglo. There was a ... it was absolutely choked in the broader system and ... so therefore a liquidity event was needed as a matter of urgency to, to obviously fund it.