Chairman:

Let me refer to Deputy Higgins' question. Mr. Nyberg implies in his report that there was a parallel universe, with people buying homes in one property market and investors in another property market. In page 95 of his report, Mr. Nyberg states, "Investors and other borrowers as well as bank executive management have an interest in doing deals with each other for profit and for glory". Could he please elaborate on what he actually means there? I believe this is what Deputy Higgins is indicating in his questions.