Mr. Cyril Roux:

Well, the ... I have to impact with these ... we have the fund industry, say money market funds for instance, they are regulated and we are a big place here in Ireland of money markets, and they are really regulated. I strongly object to something you haven't said but I hear sometimes that anything that is not a bank is a shadow bank, so not regulated. This is not true at all. The money market funds are regulated and they are done by ... they are run by fund managers who are regulated as well, so I just-----