Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Liam O'Reilly:
Well, the major element at the time, I think, was the ... the major instruments of macro policy, it seems to me, at the time. And even when capital limits were increased in 2006 there were several options, and the options seemed to vacillate between moral suasion and capital requirements. Now-----
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