Mr. Padraic Kissane:

That is correct. That is why they are fighting it. What has come from the investigation is the reasons they have lost or won - the documentation, the wording and why the client should have been the most informed financially astute person who ever walked in a door. None of the banks has ever advised a customer on a mortgage. It is quite an astonishing statement. As I have said previously, I have a letter in my office that a bank seems to have forgotten it wrote to me in which it states that it has no fiduciary duty of care to its client and as such is entitled to look after its own economic welfare. That was written by a bank to me about a complaint.