Mr. Simon Carswell:

That happened at Anglo Irish Bank and Irish Nationwide. They became players in the deals. Anglo Irish Bank had a wealth management division where many people had money on deposit, many of whom would also have been borrowers at the bank. When there were opportunities to do deals for the wealth management division, the bank used the pot of money already in the bank to help to buy these deals. Irish Nationwide was actually a shareholder in some developments with one of its biggest customers.