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

-----but if we take the right-hand column, I'll just take the top person, who I assume is the same person in each of those years, and the right-hand column shows, in 2001 for this person, a bonus of €1.7 million; 2002, €1.2 million; 2003, €1.4 million; 2004, €1.6 million; 2005, €1.5 million; 2006, €1.9 million; and 2007, €2 million. In evidence to this inquiry yesterday, Ms Ethna Tinney, a former EBS board member, said:

The bonus system in banks is crazy. You get a bonus for lending money out, there is no incentive to get it back in. Such a system encourages greed and recklessness. It is no wonder that banks go bust from time to time.

Would you agree with her?