Mr. David Doyle:

I think it's a fair assessment. The Department had a wide range of staff, I think, before I retired. We had our own in-house review of the capabilities of the Department. That was published about six ... in the middle of 2009, and it identified the need for the Department to increase its skill base. I wouldn't accept that the Department had no skill base, say, in relation to economics, for instance. There were something like, depending on what figure ..I ... 60 to 80 people in the Department with some form of economics qualification, but, as somebody else commented, how many economists do you need to work out that the explosion in credit was a fundamental problem, you know? There was a failure there, as I said in my opening statement, to stand back and look at what was happening in reality in the housing market, and to accept the assurance of the Central Bank and regulator. But, basically, a lot of the people in the Department were very committed and dedicated, but the Department did need a broader pool of skills, accountancy, taxation, economics, right across the board; it did need to enhance its skills base. And from what I've read, that has been carried through into action.