John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

On a direct quote from Mr. Nyberg on that day, he said in the interview that those tapes gave "a very lively and unpleasant feeling for the kind of hubristic company culture that existed in Anglo at the time". I would like him to expand on what he meant by the "hubristic company culture". To the ordinary person in the street, I think "hubristic company culture" might be termed as being arrogant. Is that what Mr. Nyberg meant?