Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
And do you think that that slowness to act extended all the way through 2008? I appreciate you had been ill and you weren't there but I'm ... you would have more than a grasp of what had gone on.
Because looking at it now, as we are, there was a lot of knowledge accumulating ... yet nobody ... everybody was sitting on their hands waiting for something else to happen, it appears. So, was there a slowness to act all the way through until it literally came to a cliff edge and then everyone said, "Oh, my God, we'd better fix it"?
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