Josepha Madigan (Dublin Rathdown, Fine Gael) | Oireachtas source

I have a difficulty - perhaps Mr. Collison will clarify - with NAMA's assessment of itself. We have all heard the phrase, "self praise is no praise". In terms of the credit grading, for example, Mr. Collison spoke about 76% being applied to Project Eagle, as the lower debtor credit rating and 36% for the rest of the NAMA portfolio. Is NAMA itself reaching those conclusions? Who is actually saying that?