Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
In that regard so, because Ms O'Dea in questioning on a similar line of questioning yesterday, said that what was coming out of the Financial Regulator's office was a lot of advice about these products and to be mindful, "put on your seat belt" was the kind of analogy that we discussed with her. But really there was a product here being put out, that was a series of products, that if you were giving warnings to the consumer there did not seem to be any particular action and I'll maybe get further clarity on you. At an institutional level, what were you doing to the institutions to go in to deal with exactly the type of problems you are talking about now?
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