John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay. One month later, the so-called St. Patrick's Day massacre occurred. Can you recall from that meeting or, indeed, from any other similar meetings that may have taken place around that time, any forewarning or any discussion as to the vulnerability of different institutions, including Anglo, to such a shock? Okay. You were in Vietnam, you outlined it earlier on, and Malaysia I think it was, on St Patrick's Day business when the St. Patrick's Day massacre took place. You're quoted in the Irish Independenton 18 March 2008 as saying, "This is an international development as opposed to a local development." When did you ... or did your view change over time that this development may have had some roots locally rather than just internationally?