Oireachtas Joint and Select Committees
Thursday, 15 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Can I just ask one more question? I appreciate that those measures can be got around, as you have said in terms of the 1970s and 1980s, but if we look at Anglo Irish Bank, for example, its lending was in commercial property. There was a massive concentration on commercial property. If we had applied the rules on credit limits would it not have been next to impossible to get around those rules, given the over-concentration on commercial lending?
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