Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Liam O'Reilly:
I would say that ... and I've said it earlier, I think we were ... and I don't know whether it was ... well, it was part of the political philosophy, I suppose, but we were bogged down all the time in consultation. It was a partnership approach between the banks and the regulator and that doesn't work and that was the problem.
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