Mr. Brian Cowen:

Well, the ... and if I'm referring to that now it's with the benefit of looking back now from this vantage point. But the point I would make out to you, Senator, is that, you know, there is no process that you could be doing there without having had management information. I mean, the only way you could have a process other than that, if you like, would have been what happened in the NAMA process, which took many months to do, which was to ... you'd have to go in and check every loan, check the security against that loan, be satisfied as to the validity of that security, etc., etc. Now, in other words, you do it on the basis of a buyer. If you're a purchaser of loans from a bank, that's what you'd do: you'd check out each and every one of them. But in a regulatory situation ... I'm not saying that this excuses anything, I'm just saying, you know ... in a regulatory situation, or in a situation like in Pricewaterhouse - and remember subsequently we sent in Jones LaSalle as well - and we sent in those people. They take a profile of loans and they give you an assessment and it's based on various ... and various baseline scenarios are worked out and worst-case scenarios are worked out and what the trends are and they give you a view.