Mr. Des Carville:

There have been a number of publicised cases over the past couple of years. They are deeply regrettable and unfortunate but there are currently 283 or 284 credit unions in existence. Based on the law of averages, it looks as if there will be one or two cases from time to time. Obviously, we do not condone those cases, but that is a matter for the regulator. We do not have any particular insight or knowledge of the specific cases over and above what we read in the media reports.