Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

If one thinks about the matter, it stands to reason that shareholders would look at it and believe their shares were less valuable because if the Bill were successful, the interest rates relating to mortgages would be reduced. As a consequence of interest rates going down, there would be less profit from mortgage books. If there is less profit from mortgage books, it impacts on share prices. This was not a political charge; it is just the way the world works.