Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brian Cowen:
Well, you know, this hindsight analysis, where people are able to identify and explain to you what happened and why what you were doing beforehand wasn't right, even though at the time they had nothing to say about what we were doing, and, secondly, that we had a mid-term review that was predicated on growth, which was that the consensus view at the time, you know, let's be honest here, there's an event of such seismic impact which took place that had a big effect on our economy and on our people, which we all deeply regret. Now, I'm not saying previous Governments, or the ones I served in, got everything right, but we got a lot more right than maybe he's prepared to give us credit for, too.
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