Oireachtas Joint and Select Committees
Thursday, 15 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
This is very much in direct contradiction to what Peter Nyberg told the committee. He said warnings of stability risks appear to have been sidestepped internally or were made public, especially in the financial stability reports, but toned down in policy conclusions. Also, when material warning about risk was provided, he said there were clear indications that little attention was paid to such material or that it was only included after toning down or redrafting.
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