Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
And, Mr. O'Reilly, as an experienced banker, you saw, as well, the Nordic collapse in the '80s and '90s, for example, and many other banking collapses, as a result of excessive property lending. Was the problem that you were gentleman regulators, really, depending on the banks to observe the ... the Marquis of Queensberry rules, but you weren't dealing with gentleman bankers, you were dealing with street brawlers who were out for maximised profits?
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