Mr. Bernard Byrne:

The Senator has all the good questions on timing. I do not know the answer. As I mentioned earlier, the bank is in a position in which it is capable of being sold to third parties, if the Minister and Government decide to do it. The marketplace in Ireland remains attractive and the bank, in terms of its growth story, is attractive. Those things do not last forever. We cannot take them for granted. If there is a set of circumstances in which most of the stars are in the right place, it is something one should definitely consider. Markets are volatile, and this means people must get themselves to the point of being ready so that when the opportunity for IPOs opens up, the Minister is in a position to make the choice. I think this is what the appointment of the-----