Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

The Governor of the Central Bank, Patrick Honohan, said in an article, summer 2009, in The Economic and Social Review:

A very simple warning sign used by most regulators to identify a bank exposed to increased risk is rapid balance sheet growth. An annual real growth rate of 20% is often taken as the trigger.

And that growth rate and greater would have been appropriate or what Bank of Ireland recorded 2004, 2005, 2006. Were you not aware of the danger of growth levels of that magnitude?