Oireachtas Joint and Select Committees
Thursday, 23 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pat Rabbitte (Dublin South West, Labour) | Oireachtas source
Thanks, Chairman. What I said, Chairman, in the ... in my opening remarks ... what I said is that, in my view, the main cause of the disaster that befell our country was the out of control property bubble based ... spurred on by tax incentives and expansion real estate. That was the cause of it and that was the specific thing I put in my statement. Mr. ... Senator MacSharry is putting a different point to me and I am explaining to him why I don't agree with his characterisation of what I said.
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