Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Professor Alan Ahearne:

I think it must have. One can imagine the fact that a number of different external organisations were all sending clear signals that there was deep trouble here and that the country was in trouble. When one is in the middle of it, it can be hard to see the facts, but outsiders have an advantage, particularly international organisations with experience. Their voice can be very powerful, but if their voice is very quiet, it is difficult.

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