Oireachtas Joint and Select Committees

Wednesday, 25 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. Tim Vaughan:

As I said in my opening statement, hindsight is great. Looking back, if I could do it again I would seek out more contrarian views - more dissenters - but the fact of the matter at the time is that they were not there. It never once happened that somebody had a valid viewpoint which was contrary to the prevailing mood and I refused them access to the newspaper. In fact, I would have welcomed it. There is plenty evidence down through the years of us presenting that contrarian view, but such voices were not there. There was David McWilliams, as is frequently quoted, and there was Morgan Kelly at the later end of 2007.

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