Oireachtas Joint and Select Committees
Wednesday, 17 December 2014
Committee of Inquiry into the Banking Crisis
Context Phase
2:50 am
Sean Barrett (Independent) | Oireachtas source
Thank you. We appreciate it. I would like to repeat a quote that the Chairman read recently:
Were there any board members in the Central Bank who held the view, which might be shared by Mr. Nyberg and me, that they should have fulfilled those roles? Did Mr. Nyberg find any evidence that people would respond to the-----
The CB was not powerless; it had the right to direct the activities of the FR and it could advise the Government. There are, however, no records of such direction or advice or even efforts at such.
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