Mr. Brendan McDonagh:

I can't explain that Senator, that wasn't my ... I mean I asked the banks for information, they gave me an estimate that there about 40% of them were income producing when you compiled them with ... across institutions. When we actually acquired a loan that turned out to be 23%. Then all we can look at then once we acquire them is saying, you know, is our definition of performing different, maybe, to their definition of performing, you know. So I have to report on the facts as I find them, and I am statutorily bound, as NAMA board is, to report on the facts as we find them, and we reported the facts post-acquisition that their performance level was 23%.