Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

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

With respect, in answer to the questions of other members, Mr. Buti said the market got out of hand, but he went on to say that, in retrospect, it was a bubble. He has given evidence to the inquiry that, in retrospect, the Commission is of the view there was a bubble. My question is very simple and straightforward. At any time during the period up until the bubble burst was the Commission of the view which it holds now, that there was a bubble?

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