Paul McAuliffe (Dublin North West, Fianna Fail) | Oireachtas source

I absolutely hear that, but let me give an analogy. There is a fisherman on a lake and it is very hard getting the fish. He has to cover his costs. He is there all day and is not getting the rewards he wants so he develops a new tool called the momentum fund that lets him fish in a barrel. My worry about the momentum fund is that is a huge allocation - 40% of the overall fund, if I am right - is going to very large developers, so it may not be filling the gap left by other lenders that has been identified. I can see how an organisation that is struggling to get the volume it wants can very easily come up with a new tool, allocate more than 40% of the funds and start to then reach volumes that could be met by other financial institutions.