John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

I want to ask you about another product that you entered into, or the institution entered into, in March of 2007, shortly before you left, with Merrill Lynch - the Springboard mortgages, they were termed, to cater for individuals who were experiencing difficulties in securing lending from banks by traditional methods. In ... with the benefit of hindsight, was that a good decision?