Kieran O'Donnell (Fine Gael)
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We are dealing with people on the ground, both people acting on behalf of people in distressed mortgages where the mortgages have been sold on to funds, plus the individuals themselves. There should be empirical work on that area where effectively a fund is borrowing for five-year funding but they are buying assets. I take the Governor's point but their model in many cases appears to be a short-term model. The role of the Central Bank is to look at that.