Gerry Horkan (Fianna Fail) | Oireachtas source

In terms of the vulture funds, they are probably a relatively recent concept in the Irish financial services sector.

Anybody would be a little worried if the person thought their loan was going to them, but Mr. Sibley is saying there is no greater value other than, perhaps, the existing banks have taken a more benign approach towards non-performers than the vulture funds are likely to do. Would that be a reasonable assessment?