Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Professor Ahearne will recall being accused of dangerous talk and he will recall the expression "merchants of doom". He responded to that by saying that such comments were an attack on democracy. I am just wondering what was going on at that time, if you like, for ordinary people looking on and seeing economists at odds with each other, many people at odds with each other, and the Taoiseach making inappropriate comments about naysayers. Why does Professor Ahearne think all that was going on? It seems extraordinary looking back.

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