Mr. Tony Grimes:

Deputy, again, I would like to state very categorically that in my experience the representatives of ... you know, of the Central Bank, but also I think of others who were at the meeting, did not come out of that meeting with the view that we had been told that there was an insolvency situation in ... okay, in the two banks, and that we carried that information and point of view into the meetings that were held in the Taoiseach's Department on the 29th. It was clear, to me at least, that as we entered the meetings on the 29th, we were not talking about anything like certainty about the solvency ... about the insolvency of two institutions. The working assumption was they were under stress but solvent.