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

Now I want to turn to an item that I found online - press release from Permanent TSB on 20 September 2002:

Permanent TSB launches country's first cheque book-based mortgage account. New facility breaks down the barriers between mortgage lending and other personal loans. Permanent TSB, the country's largest mortgage provider, has announced the launch of the first cheque book-based mortgage account in Ireland. The new facility, One Plan, would allow customers to use an ordinary cheque book to pay for items such as holidays, consumer goods, education fees and, of course, home improvements. Any funds used for such purposes will only attract mortgage rates of interest and no other form of borrowing provides such good value to customers as mortgage borrowing.

How do you feel about that particular product now or do you think that it was marketed, as it was marketed at the time ... I can tell you it was marketed at the time because I was offered one myself which I, thankfully, didn't take up. Do you think that that was prudential?