Kieran O'Donnell (Fine Gael) | Oireachtas source

I do not wish to cut across Professor Lane but I have limited time. With due respect, the Central Bank is charged on behalf of citizens to use taxpayers' money to effectively supervise the banks. The banks fell off a cliff in 2008, in a lot of cases due to lack of proper regulation. In 2010, the tracker issue came to the attention of the Central Bank. Professor Lane is saying there was a court case. Surely, at that moment in time, the Central Bank should have been able to identify the scale of the process. Six years have gone by since 2010 with many people having lost their homes or finding themselves under enormous pressure which is partly due to the failure of the Central Bank to move on this issue more quickly. Does Professor Lane accept that?