Oireachtas Joint and Select Committees
Thursday, 26 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Professor Edward Kane gave evidence to this inquiry earlier in the year. He had said in a 2004 paper that, while policy making during a crisis may be of the seat-of-the-pants variety, the policy itself is informed by a political and economic struggle over who pays for the losses. What is Professor McDonough's opinion of that statement? Does he agree or disagree with his assessment of crisis policy making as a political and economic struggle?
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