Michael D'Arcy (Fine Gael) | Oireachtas source

Can I, well if you watched yesterday you would have ... I read a portion of a section 33AK protected document, it won't come up. I'll read that portion again into the record Chairman:

Irish bank share prices have continued to fall and have lost between 30% and 50% of their value since start of ['07]. [This document is dated November 2007] Notwithstanding the posting of good results by [a bank] ... its share price fell by 6% that day, at one point falling 8%, perilously close to the 9% figure at which trading in a share is temporarily suspended. The decrease in value of Irish bank shares has been greater than in other countries. There is a general discount in the value of Irish banks as there is a perception internationally that they are exposed to property market - reinforced in a 7 November report from [Merrill Lynch] setting out a negative perspective in the Irish banking sector because of property exposures.

Now, that was ten months before your interview with Mark Little. Were you aware of that, that's the document, that Mr. Horan attended for the domestic standing group, were you aware of that?