Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

Yes. Of course they were, but, I mean, I ... at the end of the day, you know, there are findings in the report. He says it should have been more ... it shouldn't have been ... it should have been more counter-cyclical. I'm simply making the point, well, if that's the case, were we prepared to have higher unemployment at that point in the economy? No we weren't.

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