Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay, and I'll come to some of those points. But it's been suggested again before the inquiry, and the suggestion goes something like this, that the global liquidity crisis actually could have saved this State money in the long term because there was no indication that the banks were going to stop their concentration into the property and development and commercial property sectors. Do you subscribe to that notion or do you reject that notion?

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