Mr. Mark Neporent:

We did, actually. Cerberus was told when we were approached by Mr. Keinan on or about 14 March. I do not know if it occurred in that conversation or in another conversation on 19 March. Mr. Keinan advised us that they, Brown Rudnick, had been acting with PIMCO and that PIMCO had withdrawn. They told us there were a number of reasons that PIMCO had withdrawn. One reason was there was a lot of turmoil going on at PIMCO at the time. The Deputy may or may not know that around that time Bill Gross, the PIMCO chief executive officer, was in the middle of some controversy and was in the midst of leaving PIMCO. This was big news in the financial sector. Mr. Keinan told us that NAMA had a concern with PIMCO because PIMCO had disclosed to NAMA that it had a relationship, or that it intended to have a future relationship, with Frank Cushnahan, if PIMCO was to win the bid. We were told that Mr. Cushnahan would be an adviser to PIMCO post bid. We were not told that Mr. Cushnahan was working - had been working - with Brown Rudnick or Tughans before that. We were not told that he was intended to be paid.