Michael D'Arcy (Fine Gael) | Oireachtas source

Mr. Dukes, could I ask you ... you said in your opening statement that the Irish Government and regulation - I assume you're talking about the authorities attached - did not have tools to deal with the crisis that hit? In previous evidence, Governor Honohan came back, he presented to us in the context phase but subsequently clarified that the Governor of the Central Bank did have tools available but he didn't use them.