Mr. Gerry Fitzpatrick:

It was an explanation of my ... of the issues faced in the auditing terms of understanding judgments and therefore, to me, I was pointing out that I had come across this point about valuations. I'd satisfied myself because ... the statement goes on much further to say how I satisfied myself. And in relation to loan documentation, I was pointing out to them that they had a body of work to do. Even though I had established for each case by case, the documentation that was required to make my assessments, I was pointing out to them that work was required to make sure that was in a coherent way from case to case.