Susan O'Keeffe (Labour) | Oireachtas source

Thank you. I'd just like to follow on. The Financial Regulator first, well, wrote to you in December '04 noting its concerns about resources at senior level and so on. Are you saying ... you've just given us the explanation as to why nobody might have been added in 2007, because there were negotiations with banks. Are you saying now that that was the same in 2004 and this was a consistent state of being for the organisation? I mean, it sounds like an extraordinary, convenient situation not to be able to appoint anyone, because the Financial Regulator kept asking you to do something about it.