Mr. Tom O'Connell:

I would doubt it because when people went from the bank to these conferences outside, the expectation was you kept your head down on any controversial issues. You were expected to. In fact I remember famously a chap made a presentation at a conference. It was about the money markets, money market interest rates, there was sort of a sophisticated econometrics. He was told by the then Governor at the time "When you go to that conference I don't want to see anything in the paper and I don't believe in econometrics." They were the two points made to him.