Oireachtas Joint and Select Committees
Thursday, 23 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Okay, thank you very much. I just want to deal with one final question and then we'll start wrapping up with you, Mr. O'Reilly, and if ... that's if the leads are ... inviting to come back in ... I'll actually close in that case.
Mr. O'Reilly, the ... in the second last paragraph on page 3 of your witness statement you say that in future developers ... and I'll then revert to your quote, it's just a short line so ... it says that "in future [developers must] ask [sorry] act with greater prudence, responding to market demand with product that is economically sustainable." What changes, if any, would you propose to make your business model to make more economically sustainable compared to the model in place during the pre-crisis period?
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