Mr. Simon Carswell:

I believe it is more of an evolutionary issue and it was heading down a particular channel or route. There was no particular point where it could pull back. If there was a point in time where Anglo could have shouted "Stop" would everything have been okay? Given the strength of support for Anglo, even in 2004 it would have been too late. I said in the book that it would take a benign dictator to try and stop that juggernaut of support in the market and around the banks, and to rein that back.