Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

I just want to move to the discussion with you, Ms Burke, just going to one level here before bring in Senator MacSharry. There's the Financial Services Centre, there's the Central Bank, there's the auditors, there's the regulators, the boards and all the rest of it. But, as a supervisor, you would have ... you would be gathering an intelligence and an awareness and a cognisance of things from a broad observation. Now, one observation ... or things that could have been observed during the time was loan-to-value ratios were tightening, we saw income ratios and borrowers increasing, going from two or three times' an income up to seven or eight times and beyond that, we saw schedule extensions from 20 years out to 35 and 40 years on mortgages and we saw 100% mortgage products and all the rest of it coming on the line. Did that in any way find its way into the thinking of your role and travel up the line in terms of that we need to do something about this?