Marc MacSharry (Fianna Fail) | Oireachtas source

All right. So just so we are clear now, you're saying that at the beginning of your process, which was earlier in the year, you would sign off and you would say "Look, we want you to go more counter-cyclical." Are you saying that the situation improved then, which allowed the Minister to take a pro-cyclical approach, or are you saying that your advice remained, so that these circumstances taking over ... I mean, did circumstances take over for the better so that your advice had become obsolete or was it the case that your advice was ignored and, albeit having signed off on it, the Minster of the day decided to go pro-cyclical despite what he had signed off on?