Oireachtas Joint and Select Committees
Thursday, 11 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Liam O'Reilly:
The question again was what instrument he used ... what was the instrument we could use to actually effect a change?
And as I say, it seemed to me at the time that the policy, generally, in the authority and in the ... in the Central Bank particularly, was that we could talk them out of it. That, in hindsight, was just not effective enough.
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