Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Thank you. In your opening statement you reference a number of the reports that your Government commissioned into what happened, both in the Department and in the regulator and in the banking system. And, I just want to put a couple of the findings to you because you mentioned some, but you don't mention all, so I wanted to ... just to get an idea of which ones you do agree with. The Wright report, on page 5, outlines three key reasons for fiscal failure and reason two is, "the Government’s Budget process was completely overwhelmed by two dominant processes - Programmes for Government and the Social Partnership process". Do you accept that finding?