Oireachtas Joint and Select Committees
Wednesday, 25 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
In the written statement submitted by Professor Connor prior to this meeting, he said there was an excessive inflow of debt capital into Irish banks during 2003-07 and that the business, regulatory and policy failure to control this flow was the most fundamental cause of the Irish economic crisis of 2008-12. Why was there so much global liquidity at the time?
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