Chairman:

I thank Mr. Nyberg for his participation. This has been a very informative and valuable meeting in terms of adding to our understanding of the factors which led to the banking crisis in Ireland. One of the purposes of our meeting with Mr. Nyberg - and those with Mr. Robert Wright, who will be before us tomorrow, and Professor Honohan, who is due to come before us in the new year - was to discuss not just the information and knowledge he gathered during his the work he did examining the period of the crisis but also to see how the committee might add value to that work. Another was to discover from him areas which the inquiry might be able to examine and which were - as a result of the nature of its terms of reference - either not considered by or accessible to his commission. I note that, in his submission, Mr. Nyberg highlighted those areas in respect of which the inquiry might add value or carry out additional work. On behalf of the committee, I thank Mr. Nyberg for his contribution to these proceedings, for the answers he provided to members' questions and for the additional advice and recommendations he provided.

I propose that the committee go into private session in order to deal with a number of issues. We will resume at 9.15 a.m. tomorrow, when Mr. Robert Wright will come before us.