Gerry Horkan (Fianna Fail) | Oireachtas source

I have a few points I want to address before we conclude. The tracker mortgage issue was a system-wide problem. Everybody was doing the same wrong thing, it appears. What are Professor Lane's thoughts? Was it deliberate? It was hardly by accident that everybody made the same mistakes. They took people off trackers and put them back on the wrong rate. Whether it was cartel behaviour or not, it was wrong and poor performance by each of the main banks. What are Professor Lane's thoughts on how they all managed to make the same mistakes?