Mr. Brian Patterson:

And there were other people from the financial services industry who had long experience. Also, I was told, and I believed that the executive had within it in-depth experience of banking supervision, banking regulation, that the whole system was well oiled and that it would work ... it would work well and it would serve the authority well. And on the basis of those two things, I decided to serve. With the benefit of hindsight, maybe I shouldn't.