I would like to be associated with those remarks. At a time when our national debt was out of control it was a great innovative idea of a former Taoiseach, Charles Haughey, to think up the idea of the National Treasury Management Agency. It controlled our debt and put it into a proper and efficient manner. Within a few months of taking office, Mr. Somers had matters under control and until now we have not looked back at any issues arising from our national borrowings. We reached a peak of £32 billion at that time, in either punts or sterling, which was very frightening for a small economy like Ireland. We have just come to the eve of another problem now, with the crisis in the economy. Mr. Michael Somers will be much missed in the financial world. He has given great leadership and leaves a wealth of information after him. His like will be hard to find and replace.