Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

In September 2000, after the publication of the third Bacon report and the adoptions of measures to cool the house price inflation, prices continued to rise. This is the year 2000. And further measures were proposed to you personally via an internal memorandum by the assistant principal in the Department of the Taoiseach to counteract this. One of the recommendations was to impose credit controls on lending. Can you remember if the proposal to impose credit controls and lending via the Central Bank was further discussed with you, or considered by you? And can you tell us why it was never introduced?