Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

One of the elements missing, apart from increasing capital requirements and applying moral suasion, which was not working, is credit controls. The Chairman mentioned this earlier. Applying the credit control rules - which you acknowledge existed but which were completely avoided - would have had a major impact in terms of commercial property lending and house lending. Why was that not highlighted in terms of the options you had?