Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay ... if we can go, look at Vol. 1, page 51, this is Anglo's annual report for 2007 and it shows over the period 2002-2007, profit before tax increased by 376%, earnings per share by 363% and total assets by 398%. The graphs speak for themselves in terms of the rapid rise of Anglo in those three areas. Do you think that these levels of growth were prudent or sustainable, in the context of the level of competition in the Irish banking market during this period? And in your opinion, did these levels of growth imply that the pursuit of growth was affecting credit quality and lending standards?