Ms Cathy Herbert:

Because they were the two most errant institutions, if I can use that word. I mean, they were the two that were most exposed. It looked as if they had most exposure to property, largest, you know, loans and, you know, the fact it had grown to that level was a source of constant wonderment to him that it was allowed to do that. And he ... his view was Bank of Ireland and AIB would be, you know, sound banks and that we must defend those, and that's what he tried to do.