Mr. Denis O'Connor:

As part of our work it was and we looked at loan-to-value ratios, we looked at the concentrational risk, we looked at what ... whether there was planning in the areas or not or whether there was two or three shopping centres in the one small patch of ground coming up. That was all looked at and that was factored into our assessment of the risk on those top 22 borrowers, whether it was high risk, lower risk or moderate risk. And that was all part of our discussion and our debate over those four or five weeks in October-November.