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

-----the main reason decided by rating agencies for downgrading Irish banks was because of the dominant business model shared by the main Irish banks, that is, commercial and residence property loans funded through large degrees through wholesale markets that were mired in a sustained credit crunch. Would you have come across this perception in your day-to-day dealings? Was this or was this not a general perception?