Michael D'Arcy (Fine Gael) | Oireachtas source

The discussion paper continued:

In September 2008, against the backdrop of this deliberate policy of light-touch regulation that the regulator insisted that Anglo was not insolvent and that it had enough assets to cover its debts. There is no evidence to suggest Anglo is insolvent on a going-concern basis. It is simply unable to continue on a current basis from a liquidity point of view, he told the Taoiseach.

Can the professor comment on the subsequent analysis by PwC for which it was paid €5 million?