Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

And that matters. My next question to you, Mr. O'Reilly, is that we know that a ... that from the McDowell report ... and there was an argument for a different model and that the Central Bank, Government, and Department of Finance were against recommendations that were in the McDowell report. The model, however, was developed and it was put in place and you headed it up. So can we ask you for what your views are on the model that was actually agreed?

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