Mr. Pat Farrell:

I was thinking you might get to that. The reality of it, Senator, was that the Irish Banking Review, we did provide a small support for it and when I came chief executive of the Banking Federation, my mandate was to represent my members unashamedly to the mandate they gave me and I was also required to do it within the envelope of resources available to me.

And so I had to look at areas where I didn't feel I fell within my mandate and also the review had been in place for quite a long time. My view was that it had run its course, that's my view. You may well debate it. And we had to reallocate resources and unfortunately that's what chief executives have to do.