Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

The Financial ... the very last paragraph, the Financial Regulator "in fact identified the credit union movement as the most significant prudential risk to financial stability during the relevant period". And, in the next paragraph:

This generated a major programme of work for my unit during the relevant period. In practice it focused my area’s attention on credit union risks to the exclusion of other sectors and broader financial stability planning.

Is that breathtaking, or not?