Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Ms Geraldine Kennedy:

I do not know. Was it the Taoiseach, Deputy Enda Kenny, who said that people went mad? I suppose there is the fact that people were looking at houses and here one had a supplement where one could look at beautiful houses. Did that encourage people to go out and buy them? I do not know. If they were to go out and buy them they have to get mortgages and everything like that. We were not telling them to go out and buy them or get mortgages. I would be reluctant to say "Yes" to the Senator's question.

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