Ms Mary O'Dea:

Well, I think the banks themselves were actually in crisis at the time and there was a bit of friction, certainly, in terms of the approach that we would take because not only were we carrying out what you might call normal supervision but most of what was going on in that year was crisis management, stabilising the issues and, in particular, really examining the capital position of the banks. The more we drilled into the loan books, the more we could see difficulties in terms of provisions.