Mr. Jeremy Masding:

Second, it is worth repeating that we spent a considerable amount of time trying to get the maximum level of exclusions that we could. Therefore, links to principal dwelling homes, which are performing in line with an agreed restructuring and not connected, are not in Project Glas. I understand why the Deputy asked me the question. Words are meaningless but let us say them anyway. I can try to empathise when I can. At the end of the day we have a non-performing loan ratio that makes the bank quite risky for Ireland, as the Governor mentioned last week. It is important for Ireland that that risk gets diluted and potentially transferred. I have a duty to all taxpayers and I am trying to balance all the different parts. I am comfortable that the team is doing that.