Ms Mary O'Dea:

Well, as you can see, it was a very difficult time in terms of governance. There was a major turnover going on in relation to governance, which meant that institutions were left with not an appropriate governance. They were missing a CEO, they were missing a chair, they were missing a chief risk officer for quite a period of time at precisely the time where you needed these institutions to be operating at their most effective in order to be able to bottom out the position of loan arrears and deal with liquidity issues and sell off assets and take serious decisions there so-----