Peter Mathews (Dublin South, Independent) | Oireachtas source

It is apparent from the focus of today's Leaders' Questions and now the debate on the Order of Business that, notwithstanding the look back into the past with IBRC and Irish Nationwide, etc., we have a far greater duty to concentrate on the present and what we can do for the 300,000 mortgages that are managed by what I would refer to as a duopoly rather than as the pillar banks. It is wrong that they are earning 2% super-profits on variable interest rate mortgages. The number of people on Bank of Ireland's board or court of directors has decreased from 14 to 12.

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