Ms Mary Burke:

I think the size of the teams meant we were spread extremely thin. I don't believe we could have delivered ... we didn't deliver intrusive supervision. If you are a team of three people and you have two of the major banks in the country and you are trying to supervise them through the worst financial crisis since nineteen twenty whatever, there was only so much those people could do, and it was not intrusive supervision, and, in fairness to those people in BSD, I think I should say that they went above and beyond in terms of the effort they put in.