Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Richard Burrows:
I will. If I go back to a kind of normal period, in other words ... years before 2008, I would say that we devoted quite an amount of time, probably of the order of ... of 20% or one fifth of our board time would have been devoted to strategy and strategy matters and reviewing how we were doing against strategy. Of course, in 2008 and after that the agenda changed very much to ... to a survival mode and so, therefore, it wasn't so much about strategy as it was about day-to-day issues.
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