Brian Lenihan Jnr (Dublin West, Fianna Fail)

Will the Deputy allow me to answer the question? Regarding the supplementary budget last year, first of all, it was made clear that as a result of NAMA occasioning losses, the State stood ready to provide capital by way of ordinary shares, equity. Likewise when the NAMA legislation was introduced last September, a similar undertaking was given on the floor of the House, and the Financial Regulator would have been assured at all stages with regard to Anglo Irish Bank, specifically, and any other institution in respect of which he made an inquiry that the State stood ready to provide capital. Otherwise——

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