Mr. John Corrigan:

Well, I mean, it's a ... it's ... the loans were ... were taken over by NAMA, they were taken over at a discount. That discount gave rise to losses in the banks; those losses in the banks gave rise to a need for recapitalisation; that recapitalisation was made good by the State. So in the case of AIB and Bank of Ireland, I think there is a reasonable expectation, which I would share, that the State will see most, if not all ... and it has, in fact, already in the case of Bank of Ireland and I would expect, with astute timing, it will get its money back in the case of, of AIB. Clearly, in the case of Anglo Irish, the money is lost to the taxpayer.