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

Okay. Secondly, Mr. Quinlan, a narrative of some witnesses to the inquiry is that the excessive lending by banks to fund property speculation and dealing created a massive bubble which crashed, that the Irish people were saddled consequently with €64 billion of a burden to bail out the failed banks and developers. Now, the inquiry has no legal powers to ask you in relation to detailed dealings with NAMA but have you reflected on what Quinlan Private may have cost the taxpayer? Do you take responsibility for that? And what do you say to the Irish people who have suffered considerable austerity and suffering as a result of this crash?