Mr. Rob Wright:

No, and I think one of our observations in the report was that we did see advice on the risks of an overheated economy. It was not just the construction sector that was overheating the Irish economy; it was the fact that Government spending was growing by 12% a year for a decade on top of that. All these things could have been reined in. There is an element in this report that notes there was advice - it should have been coherent - but what was needed was a strategic plan of how to deal with that. A snippet of advice is not enough, there needs to be a plan to deal with it, and that did not exist.