Joan Burton (Dublin West, Labour)

According to the regulator, the PricewaterhouseCoopers study and its various drafts were to drill deep into the balance sheets of the covered institutions. The loans total €300 million at €30 million per head among the ten individuals. Even for Anglo Irish Bank, this is a significant loan exposure in terms of individuals. How is it possible that the loans were not listed for examination or advised to the Minister as to their status, given the fact that the collateral used for them was shares?

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