Mr. Brian Cowen:

I don't believe he was proposing ... first of all, I'll come back on that in a second. He wasn't proposing a guarantee here, he was giving ... this was as a result ... as a member of the Central Bank, giving a view to them as a result of some briefing, I understand, that was given by the Department to the Central Bank. So, what he is doing here is he responding ... giving some thoughts as to what should happen. He gives ... if you go onto the next page ... I can see the front page. Can you go onto the next page?