John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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Mr. Carswell mentioned in his book, but I did not bring my copy today, the bonus structure that existed. There were several references throughout Anglo Republic: Inside the Bank that Broke Irelandof the bonus structure. Will he give examples of the differences that existed between institutions and also between different bonus levels for senior and lower management levels? Does he believe the bonus structure was a component of the ultimate collapse?