Mr. Dermot Gleeson:

The second question that you asked me is what responsibility I bear. And I was the chairman of this and I bear the responsibility. This is where the buck stopped. I can tell you, Deputy Phelan, that it's a salutary thing when you discover for the first time in your life in your 60s that doing your level best in a job is not sufficient to prevent very negative consequences ensuing. I haven't done many jobs in my life. I was a teacher; I was a barrister, outside Dublin, barrister in Dublin, I worked for the Government for three years. And the outturns there were adequate, perhaps, no more than that. But I did my level best in this job as well, and the outcome was entirely unsatisfactory and that's a responsibility that I absolutely accept and I can never get away from it.