Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John McCarthy:

I can't recall is the simple answer. But I would come back to a point I made earlier on - having dealt with the OECD and participated in meetings for years, every finance ministry will try and get changes to the text. Actually, we do it less than other finance ministries. I have seen finance ministries who will try to rewrite a whole document for the OECD. We will try and maybe nuance the text somewhat - the "boom" being a good example. Sometimes they take them on board, sometimes they don't. To be honest, it doesn't really bother me if something is sensationalist. It is good from an Irish Inc. perspective to have outsiders making comments that may be a little bit provocative, that maybe force us to think, to get rid of the kind of groupthink that we may have.

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