Mr. Brian Goggin:

-----in the crisis that we were all facing. When we eventually returned to the room ... this must be, you know, around 2 o'clock now, a.m., when we returned to the room and both banks informed the meeting that we could produce €5 billion that week ... I think AIB could produce some of it the following day. It was our half-year end so we had kind of closed off our books, but both of us could produce €10 billion between us during the course of the week. The mood of the room changed. There was a palpable sense of relief. The immediacy of the possibility of an Anglo default had been dealt with.