Mr. Jeremy Masding:

I was not here and I cannot comment. Perhaps I can provide the rationale for why I made that comment. We are trying to make the bank safer. If the bank is safer, we get access to a broader base of, probably, better value funding. If we get access to a broader base and better value funding, we can support the next generation of Irish homeowners. That is how the whole thing connects. The point of principle is around trying to make banks safer. I make no comment on the Senator's observation regarding Moody's. That is not for me to say.