Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Thank you very much and I'm just going to wrap up very briefly. In your witness statement, you advise that the guarantee was not thought on the night of the ... or, sorry, the guarantee was not thought up on the night of 29 September but arose from extensive analysis by the Department of Finance, Central Bank Governor, regulator and with the other involvement of teams of external advisers. By, kind of, implication or by just, kind of, the outline of that, it could appear that your comments on the guarantee would seem to imply a predetermined guarantee scenario was already evolving or developing or had developed. Would that have been the case, yes?