Mr. Des Carville:

On the back of what I said earlier, NAMA has managed assets for 15 years. That is an awful long time. I am not sure it rushed out in year one or two and started fire-selling assets, as per the Deputy's proposition. It is impossible to know, looking back 15 years, whether NAMA could have done things differently. Maybe; maybe not. I do not know. The Deputy's proposition is theoretical.