Oireachtas Joint and Select Committees
Wednesday, 18 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Marco Buti:
I agree with the Senator. If we look at it now it seems incomplete which is a kind word for it. Now we know much better what the situation is, how the economy works and the role of the banking and financial sector in this. Now we see that there are risks, potentially, concealed in the working of the financial sector in the banking system which may amplify booms leading to bubbles or creating shocks or misallocating resources and capital by conveying them to the property market.
No comments