Mr. Richie Boucher:

I think it's exactly what we said. I've said I thought that was the biggest mistake and I think that's ... if I read out the testimony I gave, I think, to Deputy McGrath, I said I thought it was the biggest single mistake, this is a document I signed, it had to be approved by the Government before it went to the Commission and it says "The single biggest strategic mistake the Bank made, in common with a large number of banks throughout the world, was to become over-reliant on wholesale funding to grow its loan assets particularly outside its core franchises". And that was my assessment as a member of a team who made the mistake, I ... when ... I came into my role I had to ensure that we, as a bank, recognise we made mistakes. That I recognised and all of my colleagues recognise we had made mistakes. I personally felt that was a very important part of the recovery and recuperation process, so I believe that. That is a belief statement that is not an absolute factual matter that I could ever verify, that was my personal belief.