Mr. Jonathan Sugarman:

The Anglo tapes make it more than clear that "golden circle" would be the polite way of referring to it. In them, there is a clear reference in a conversation between Anglo executives and the Central Bank to breaches of liquidity. However, that is nothing; we have just discussed it. Where is the report? It had to be reported immediately. Let the public of Ireland, which bailed out this bank, see that it acted in accordance with the law when other people are being locked up for not having a television licence. Let us see that Anglo at least attempted to operate under the terms of the licence and notified the Central Bank on paper that it was in breach but, no, all we have is a phone call. I am sure the committee knows where the figures were pulled out of, or should I repeat it for the record?