Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

On page 4, again of your own statement, Mr. McArdle, you say, "... the alarm bells should've been ringing in Dame Street for the best part of a decade." You were talking about the whole idea of "An annual growth rate of 20 per cent real is often taken as the trigger ... Anglo Irish Bank, crossed in eight of nine years." Now and you were referring to Professor Honohan there. Surely everybody knew. It wouldn't just have been Dame Street where the bell would've been ringing, you would've known what was going on. I'm not saying that you were responsible, by the way, I know what your ... but, did you know and were you not sitting scratching your head going, "Oh, this is a bit serious."

Comments

No comments

Log in or join to post a public comment.