Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Another part of the messaging at that time, Mr. McCarthy, is that they were preparing for a soft landing or the potential for a soft landing. You'd have been familiar with that messaging as well at the time. In regard to that messaging, are you aware of any evidence, and I'm not talking about commentary that's taken from third parties or external agencies that are not in Government but NGOs, financial institutions, whatever. I'm talking about evidence that was either in the Department of Finance or in the Department of the Taoiseach that supported - and I'm talking about evidence-based support now, as opposed to commentary-based support, that supported a soft landing theory?
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