Professor Alan Ahearne:

I mean, I don't think it delayed things. NAMA was announced in April. From scratch, things were ... the legislation was written. I think it was announced. There was draft legislation put into the public domain in June or July and then legislation introduced. There was a Bill in September and it was up and running by later that year. So, given the size of the operation, given the size of the problem, that was fairly speedy. I think it took a lot of the Minister's attention and energy, the debate about it but ... look, this was a big ... this was a big policy decision and so, I think he understood that there was going to be a serious debate about it.