Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

Does Mr. Considine agree that it is based on the cashflow, especially of mortgages in negative equity on which people will pay a margin over 25 or 30 years? To me, that is an injustice. This is one of the issues I would like the witnesses to stand up for. There should be a moratorium on any form of profit-making on those mortgages lent out between 2002 and 2007.

We must be aware that for a period there will be no margins on any mortgages between those periods. The sense of justice does not seem to exist. The public interest might be served in that the Bank of Ireland is paying back the €4.8 billion the State pumped into it. That is not the kernel of what the public wants. It wants to see the benefit going to households more than to the State.