John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Thank you, Chairman, and good evening, gentlemen, and welcome. Sorry for holding you up. We only have 15 minutes so I ... I'd encourage you to be as brief maybe in your responses as you can. I'll try and be as brief as I can in asking the questions. A gentle one first, Mr. Aynsley, for you. In your opinion, what were the main weaknesses in the Anglo business model ... in the years prior ... prior to nationalisation ... particular reference to corporate governance, maybe, and to the ... the overall business structure.