Mr. Pat Cullen:

Well, I suppose, as managing partner, I'm certainly very aware of what was happening in the economy. I was very clued in to all the international developments and, clearly, there was a bit of a storm which was coming.

But I suppose, from my point of view, what I needed to be satisfied on was that, particularly in the context of Ulster Bank, that we had the right team in place, with the right expertise to deal with the issues which were occurring. I needed to make sure that the team were tied in with our international colleagues who were also involved in the banking sector so we were fully up-to-date with the impact it was going to have on the audits and-----