Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Mr. Dunne, just in relation to the same point, but also Governor Honohan says that:

[M]any participants - at all levels - in the [financial stability reports] drafting process have indicated that [...] highly "nuanced" messages conveyed [to them] reflected an institutional desire at senior levels in the organisation to adopt a cautious approach [...] This message was conveyed to staff working on FSR matters and, given the [...] hierarchical culture, was clearly a factor inhibiting staff presentation" Were you aware-----

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