Mr. Dermot Gleeson:

It certainly shouldn't be, there is no excuse. I am trying to explain, I mean ... I think, you know, what am I trying to do with the committee here today? What I have thought myself is try and assist you by giving an eye witness account of what it seemed at the time. There are 300 books written worldwide about the cause of the 2008 crisis. I have nothing to add to that. All I can do is come here and try and tell you, as honestly and frankly as I can, what it seemed like at the time, from a participant. That is all I'm trying to do. I am certainly not trying to excuse what went on Deputy, and I want that to be clear.