Mr. Michael O'Flynn:

It had enormous effect on our business in that the banks weren't able to operate, NAMA weren't fully in play, and we were left in a situation that we were between both, and, for a long period of that time, NAMA had to approve decisions that the banks were making. It was just ... it was ... it really did exacerbate a bad situation, and that's why I've always felt that, had a solution been found connected to the banks, you would have saved all that time, and you would have saved an industry that was in total meltdown.