Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Okay. I want to move on, if I may then, to a document you supplied in your opening statement - the first document you supplied - which is bullet points for, I think it's John Moran's meeting with the board in May 2011 and I don't know if we can get that up on the screen, Chair. Thanks. A number of bullets points there but the second, kind of, section of the document is, "D. Fin/NTMA, influence has slowed down adjustment process", and a series of bullets. The first one:

- Indecision on restructuring policy approach (now on version 4, still undecided).

- Sep. 2010 “funding bank + recovery bank” proposal never made any sense.

[down to the bottom bullet point]

- Official demand for external validation of Bank analyses and proposals has simply increased expenditure on external consultancies...

At the bottom of the page, "The moral of the story: get them off our backs and things will happen faster, better." Can you just explain for me what that means? And the second question is: was the way in which the Department was engaging with you costing you more money and costing the State more money, ultimately?