Ciarán Lynch (Cork South Central, Labour)
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Okay. Besides you talk about maybe fundamental difficulties with the accountancy processes and so forth, as to how the valuation of it would be done, but in Mr. Daly's testimony to the inquiry a number of weeks ago from NAMA, Mr. Boucher, he put out, I can go through it in depth, but I can maybe just summarise it for you, where he was saying that the equity growth in the purchase of one development was being used as the security for another purchase and this was having a compound effect. Was that a practice that was reflective of how Bank of Ireland were engaging with the sector?