Professor John FitzGerald:

There was no issue about rebuilding a relationship. The mistake in the 2008 one - we did not know where the economy was going and we made a serious mistake. There was more limited interaction with the Department and it came back with comments which were grumpy and - as I mentioned, that is probably an inappropriate phrase - but which were not that useful. They certainly were not telling us, "You are to say it is going to be a soft landing". There was no suggestion, that was our mistake, unforced, my mistake, unforced.