Oireachtas Joint and Select Committees

Thursday, 13 April 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman

10:00 am

Mr. Jonathan Sugarman:

I beg the Chairman's pardon for going back to the example of the M1. It is like saying that the reason for the pile up in 2008 was because there were no speed limits and now in 2009, we will tell one that there are speed limits. However, in legislation, there were speed limits so the only reason we had a pile up was that everybody breached them.

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