Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Thank you. If I could maybe just ask you one question there, Mr. Cowen, and then I'll move on. Did you, as Taoiseach, receive any warnings or analysis in 2008 from officials either in the Department of the Taoiseach or the Department of Finance of overheating in the construction sector or of a housing bubble, and, if so, what form did that actually take? Was there ... I know we were discussing banking matters, but there are fiscal issues as well that are in place at the time, particularly ones relating to the housing sector and the creation of a property bubble. Was that on your radar at all?
No comments