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

Well, Mr. Honohan, the Governor of the Central Bank said in his report, "The central conclusion of the 2007 FSR regarding a likely "soft landing" for the housing market does not appear to have been based on specific quantitative evidence or analysis." And he says further, "quantitative analytical evidence was not provided in support of the key conclusion [...][of] a soft landing." And, gentlemen, can I say, you had the benefit of, for example, the Morgan Kelly analysis early ... at the end of 2006, but especially in 2007, did that make an impact on you that should have required this report to be majorly different?