Mr. Frank Daly:

There was an attempt to do this fairly quickly, but not in a rushed way. The main concern for NAMA was that anybody out there who had the capability of taking on this portfolio, and who might be interested, was given an opportunity - and they were. That condition about upfront financing is not at all unusual in NAMA's modus operandi because what we do not want is somebody coming in with a high bid but then telling us they do not really have the finance for it and need three weeks or three months to actually do it while in the meantime, everybody else has gone away.