httpv://www.youtube.com/watch?v=XQXjJ353Yho

Chairman of Irish Life & Permanent John Bourke speaks with Emma McNamara on Morning Ireland, August 30 2011.

John finds himself unable to suppress a chuckle as he comments on the circumstances of Irish Times letter-writer MP MacDomhnaill – one of many people in difficulty with their mortgage repayments.

Irish Life & Permanent was effectively nationalised in 2011, receiving €3.8bn of state funds.