Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

Thank you. Mr. Cardiff, at the end of 2008, PricewaterhouseCooper's loan bank analysis of the core banks showed 22 borrowers had total loans of €29.4 billion, and, in 2010, in the total debt of €74 billion taken in by NAMA, 29 borrowers accounted for €38 billion. Can I ask you if the Department of Finance tracked, through 2009, for example, the situation vis-á-visthe banks, these developers and NAMA, to guard against moral hazard, to safeguard the interests of the taxpayer, and to make sure that no one was taking extra advantage?