Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

And to what extent did the banks have access to experts in the area of property? To what extent did they have those resources in-house? You referred in your opening statement to the laws of gravity. So when the banks were looking at their overall exposure to the property and development sector, did they have in-house expertise in the property area. And also looking at individual loans that they were making ... to look at the underlying value of the security and the likelihood of that value being maintained or increased over time, is there any evidence that there was a good level of expertise available?