Mr. Brian Cowen:

Those people were being ... are mindful of that too. Do you know what I mean? They're there assessing the situation and they are mindful of these things. It's not that, you know, I was mindful of them and they weren't mindful of it. They were mindful of this situation that was ... that had developed. And they were assessing the situation as best they could, based on the knowledge they had. Now, what I am saying about that is that people say, you know, "You should have had more knowledge". Well, what I am saying is ... the following five weeks we sent in forensic ... or sent in accountants and we sent in valuers and they come up six weeks later... which if we had had it six weeks before, wouldn't have changed that assessment. So, that's the best way I can explain it when people are wondering, "Well, if you had a different assessment or a more detailed one before 29 September would you've come up with a different decision?". I'm just looking at the evidence that's in front of me-----