Susan O'Keeffe (Labour) | Oireachtas source

Okay, thank you. In relation to the 100% mortgages, yesterday, Mr. McCarthy, on page 79 of his testimony says: "We were losing share of the first time buyer market". This morning, Mr. Torpey, you said: "We were grounded in the circumstances at the time", and Mr. Gallagher, you said it was "Of its time", the decision to grant them. I'm just really trying to get to the nub of this. You were bankers, you were sensible, you'd ... it wasn't a business that you'd been in before, it wasn't a traditional thing, and yet, now, because of, it appears, market share, the need ... because of the competition, you guys just said, do you know what, we have to do this, we need to be in this market. Is that correct? Have I understood correctly? You threw caution to the winds?