Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. Ed Mulhall:

The analysis was done by George Lee. There were a number of contributors to the programme - Padraic White, Tom Garvin, Brigid Laffan, John Farrell, Sean Dorgan, etc. I apologise for getting tied up in a numbers game with Senator Mark MacSharry earlier. The reason I used "Boom" as an example was that I was trying to make the point more in terms of the focus, because I was asked in the earlier questions when I got focused in on the issue myself. I discussed with George Lee at the time the analysis he was doing with the period. If one goes back and looks at what he said in his own presentation within that programme, clearly it deals with an awful lot of the core issues. It puts in a historic context what is in the euro context. It deals with the fact that the problems in the property market predated 2001. I know I am taking up the time of the committee but there is a lot of stuff in it and it was done by George Lee.

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