Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

That is fair enough and I think the Credit Review Office is playing a valuable role. I am not disputing that, I just wonder how it fits into the bigger picture and I can see the value of what it is doing. Mr. Trethowan appears to be saying that the difference between his attitude towards upholding a loan application and the banks denying it, seems to be the fact that he is taking a slightly longer term view and saying that one's business may not appear viable now but, based on the hoped for resumption of demand, it will be viable. Does that mean that the companies that are getting the loans as a result of Mr. Trethowan's intervention are just about being kept afloat on a very tenuous hope that the position will improve?