Oireachtas Joint and Select Committees
Thursday, 9 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean 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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