Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John McCarthy:

Not ... not really would be my ... my ... I mean, there was a kind of departmental view that policy was moving in the right direction. Most people bought into that. Some were more vocal than others. So I think there was a consensus within the Department that there ... there were problems but we simply weren't being listened to. There was ... it was a case of the ... the boy who cried wolf, really. We were talking about risks, these risks never materialised so we could almost be ignored.

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