Mr. Alan Stewart:

From NAMA's point of view, the board had made it clear that the issue with the success fee was the fact that Frank Cushnahan stood to be a beneficiary. That was clear from the PIMCO interaction and the Deputy has seen that that was the case. Again, I am speculating because I was not involved at the time, but I am thinking if that remained the concern, as I imagine it did, a way of addressing it was to obtain confirmation in writing from the head of legal and compliance in Cerberus along the lines of that ultimately sought.