Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
Could I ask you, finally perhaps, Mr. Smith, would you see any ... would you agree in any way with some assertions that have been made in evidence here that, in the course of the bubble, you had institutions making inordinate, or massive by any scale, profits? You had senior executives in financial institutions and perhaps in related professions reaping extensive bonuses and huge material rewards linked to the rapid expansion. Would you say in any sense that that might have blinded people or not to the dangers and left people carry on even if they had some inkling that perhaps this could end in tears?
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