Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

How on earth can that be the case, Mr. Hurley? Deputy Doherty has already quoted to you from the memorandum of understanding. Let me quote again: "In this context, the Governor and/or Board's objective is to identify developments which could endanger the stability of the system as a whole and will advise accordingly.;". Now, in ... From the 1990s, lateish, on into the 2000s, house prices were rising crazily every year, profiteering in land and in speculation was rife and daily in the newspapers. Nyberg, in evidence, said that the banks complained to him that they had to chase Anglo, which was growing, in Professor Black's words, "like crazy", and the Central Bank didn't appear to notice the danger that that would bring.