Enda Kenny (Mayo, Fine Gael) | Oireachtas source

Well clearly the situation that was becoming evident in banks was that serious loans were being given out for very finicky reasons in many cases and clearly the extent of borrowing increased absolutely dramatically, I've given you those figures earlier on. In 2003, 2005, 2006 I pointed these out in budget contributions in the House to the Government of the day in respect of the dangers that were applying here. And you'll note that in respect of Deputy Bruton's positions on those, particularly in respect of the construction sector, the extent of loans being given out, the overruns in many of the infrastructure projects - port tunnel, PayPal, all of these things - which were fuelling a credit boom.