Mr. Jim O'Keeffe:

I have described as best I could the focus we have in terms of that investment, asset classes and the overhang regarding it. When we talk about debt forgiveness, other organisations talk about it as something they have come across for the first time. We have been doing debt forgiveness and write-down right through the piece. For example, take a farm with a significant overhang of investment debt. I understand the context and I will not argue with the Senator as to how the people involved arrived at that situation. It is not our position to be judge and jury on it. We would take a significant discount or write-down, if appropriate. That is the key message we need to get out there.