Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

And then, you make reference in your speech ... in your witness statement, on page 4, as well, "The fact that the assumptions that underpinned the Guarantee were proven to be entirely unfounded within a short period of time shows how woefully ill-equipped and ill-prepared the system was to meet the scale of the crisis." Can you elaborate on that?