Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Dr. Peter Bacon said earlier this morning that the stock market could see clearly that there was a serious problem here. What is Professor Ahearne's sense of why the IMF, the ESRI, the Commission, the regulator, the Central Bank and everybody else got it so wrong? Was it because of the output gap?
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