Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

I thank Mr. Regling. I shall list the questioners in order. Senator Susan O'Keeffe, as lead spokesperson, will have 15 minutes and she will be followed by Senator Marc MacSharry who will also have 15 minutes. They will be followed by rounds lasting six minutes each for the following: Deputy Kieran O'Donnell; Senator Michael D'Arcy; Deputy Pearse Doherty; Deputy Michael McGrath; Deputy John Paul Phelan; Deputy Eoghan Murphy; Senator Sean Barrett; and lastly Deputy Joe Higgins.

I shall get matters under way. Mr. Regling, on page 44 of his report, said:

There was a socio-political context in which it would have taken some courage to seem to prick the Irish property bubble. Even so, there are clear examples in other countries where supervisors acted to stem the tide, and this is what lacked so notably in the Irish case.

I ask him to expand on his comment for the benefit of the committee.