Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
Well, then, we wouldn't have had to rescue them and you'd save the €64 billion. Could I bring you to 16.2: "The DOF did not have any legal mandate to undertake its own analysis of the banks’ financial position". Does the Department of Finance not have a financial stability mandate and, in fact, doesn't the Department of Finance, as the custodian of the public purse, commission research on pretty well everything?
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