Ciarán Lynch (Cork South Central, Labour)
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And we may come back to cross-lending around the projects later in the day. Can you just explain briefly, just in layman's terms because the general public will be looking in at these proceedings, as to how a bank would go about valuing its assets and loan book and so forth in terms of how projected losses or profits might be incurred, and how NAMA went about its valuation of those assets when they acquired it and if there was a difference in approach?