Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. Mr. Ahern, in 2007 and 2008 there was a number of things happening. We know from 2007, the Government was investigating possible responses to the emerging credit crisis. At the same time, both commercial and residential properties had stalled. In March 2008, INBS was frozen out of the wholesale markets with no access to normal ECB funding. In March 2008, Seánie FitzPatrick was lobbying the Governor of the Central Bank for the form of ... some form of bank guarantee. In April, the Government was working on draft legislation for a systemic guarantee and we know by September what happened. Now, you were Taoiseach during all of this period. You've said to the Chairperson you believe, I think, that the fundamentals of the economy were sound when you left. Given what I'm just after saying, do you still believe that the economy was sound?