Oireachtas Joint and Select Committees
Wednesday, 1 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
Okay, thank you. Could I bring you back to your ... your first posting in banking in the Department of Finance, I see here, 1986 to 1992. So, I'll put that question to you: when Donal McNally was in charge of banking supervision, the banks were solvent, the bank manager in the local town was an honoured member of the community - where did it all go wrong, the €64 billion of what we're investigating now? What ... have you been keeping an eye on this sector ever since you were its ... involved in its supervision back then?
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