Sean Barrett (Independent) | Oireachtas source

Yes.

I know it was at a very late stage, at four months, I think, before the guarantee that Mr. Lenihan and you moved into that Department but, going from Mr. Cowen's evidence yesterday, he's impressed at this stage by the way countries like Canada regulate banks and didn't have the dreadful situation we had. Was there ... and it was a short period as well, but other witnesses have ... you know, have wondered how did an extremely conservative banking system go so broke, as happened to the Irish one. Was that discussed at all, in your presence? What had happened to Irish banking to be so solvent, so conservative and then so bankrupt?