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
Is that not a perversion of what economists are supposed to be about? The professor provides three caveats to his criticism of the bank guarantee, the last of which is that the information provided by some of the banks to the Irish Central Bank may have been "deliberately embellished" to disguise their real capital positions. What does the professor mean by "deliberately embellished"?
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