Mr. Jean-Claude Trichet:

Again, it was not the responsibility of the ECB to survey the banks. We were relying of course upon the local authorities for surveillance and on possibly governments in case the drama would unfold. So no memory, no I would say responsibility in this domain. I trust again in these very difficult circumstances I understand fully and it's normal that everybody can't see whether good decisions were taken or so forth. All taken into account, taken the drama which was unfolding it seems to me that the decisions which were taken by Ireland, and I don't want to enter if it was the previous Government, the following Government, the various institutions concerned, those decisions were probably the best ones or the least worst in dramatic circumstances. That's my understanding.