Dara Murphy (Cork North Central, Fine Gael) | Oireachtas source

I think we all know there will be some repossessions. I refer to the targets to be achieved and the percentages of sustainable solutions. What thought has been given by the Central Bank to setting targets which accept there will be a percentage of repossessions but which will also try to force the banks towards a percentage of split mortgages and perhaps a percentage of write-down as we near the end rather than the start of the process? Politicians believe that the Irish taxpayer has recapitalised the banks for a percentage of people to have the boots of the banks lifted off their throats. In Professor Honohan's opinion, will the Central Bank be directing banks, either at the middle or at the end of the process, that the only solutions now available involve write-down or forced split mortgages? Will the Central Bank give the banks targets of numbers to achieve?