Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. Just ... on earlier comments as well ... reports ... comments from known reports were quite agreeable that in the measure ... that the measures taken, you were talking about the measures for 2006 ... specifically the measures you were talking about today, such as increased weightings and high LTVs, loans and later on speculative commercial loans ... that these may have been too little too late. Ms Burke, in her engagement with the committee this evening, said really that after 2006 it ... any measure or any number of staff may have not actually been possible to actually avert the crisis. So could I put it to you or maybe ask you, Mr. Horan, that the measures taken maybe were showing the right way, but why was not more done to alert the banks more strongly and were you satisfied with the relativity moderate measures that were being taken?