Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom O'Connell:

Certainly the body of the reports I would. Now, the tone and overall assessment, as I was saying earlier, I mean, I'd be somewhat unhappy with. You know, it tended to be on the optimistic side but, having said that, it probably had to be that way, you know, on the somewhat optimistic side. Although, if you read between the lines, you'll often see ... you could be sceptical about whether the benign picture that was being foreseen would actually be the outturn.

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