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

Matt Cooper's book, Who Really Runs Ireland?It's a book that he published. You're referenced or you're mentioned in the book along with Tiernan O'Mahony, both of you leaving a number of years after not being appointed to the top position. He talks about Tiernan O'Mahony writing in The Irish Timesas far back as 2002, saying the big days of 40% per share profits are over and it'll be more likely to be 15% to 20%. But he mentions ... he says about you, and I will quote just for your benefit:

Browne stayed on for another three years before leaving with the same generous package as O'Mahony enjoyed. In that time, he tried to reduce the bank's exposure to the Irish property market. As far back as early 2005, he told me that it had become dangerously overheated and too dependent on tax breaks. There was limited value left for investors. However, while he had some success in reducing the bank's exposure, it continued to do new business in Irish property, both as a banker and as an investment organiser.

He goes on to talk about how Drumm wanted to prove himself FitzPatrick's equal, wanted to double the profits of the bank within five years, which he did within two. So, can I ask you is that a true reflection of your own position at that point in time in 2005? Were you trying to reduce the over-exposure to the Irish property market at that time in the bank and was there other pressures within the bank?