Susan O'Keeffe (Labour) | Oireachtas source

If we look, Mr. Hurley, if you like from sort of the end of November '07, we know that the Financial Regulator, for example, had been meeting with the various institutions to discuss their liquidity contingency plans. We've heard that. We know that assessments were being made of key loans at five banks. We know that INBS had particular financial instrument debt, if you like, of €7 billion and we know then, coming into early September of 2008, that now two key banks were asked in by the regulator to discuss INBS, in particular. So, if you like, there were lots of things all accumulating over a period of time. How then did we end up, if you like, in a panic all in Government Buildings on that night? How come there wasn't an earlier, more controlled, more calm intervention on behalf of, and by, the Central Bank?