Mr. Frank Daly:

Not necessarily. Many of these people still work with other financial institutions and may be funded from elsewhere. We cannot do much about this. We provided figures previously and we can update them today on the total cost of overheads being removed from businesses and within this the number of individuals who take a particular salary. Perhaps the most important figure is that all of the NAMA managed debtors, which is the bulk of them, manage approximately €61 billion of debt. The total overhead and receiver costs with regard to these are €215 million to date. The principal salaries for people in these businesses amount to €15.5 million and relate to 168 individuals. To bring this down to a salary band, the vast bulk, or 112, of these people earn between nothing and €50,000. I do not think it can be said we fund extraordinary lifestyles. The rationale we have expounded here and elsewhere on this is that it is best commercially for NAMA and the taxpayer if these people are prepared to work with us and run their businesses, which they know.