Mr. Eugene Sheehy:

It wasn't my view. As I say, I had a lot ... I had a lot of contact with the regulator and his team. I found them to be tough enough people to deal with. When all the regulatory stuff came down on the SOX, Basel, and IFRS, I know that, where I could call on battalions and experts to come in and help me out, I thought they were dreadfully under-resourced ... is my view, during ... in trying to cope with that weight of change ... technical change. I recall Mr. Gleeson's statement and I've spoken to him about it and he regrets saying it. He says it was in a fit of pique in those hours and days after the guarantee. But I found the regulator and his team to be diligent, hardworking public servants who always acted with integrity.