Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Was it a stronger policy other than hands-off, sort of, parts of those discussions? Either you're afraid of markets and say, "Don't frighten the horses", or we say, "These are our rules on loans-to-deposits and loans-to-value these are rules of sectoral concentration. We're putting them there and whether the market likes them or not, tough luck." Were we afraid of markets more or less in that period?

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