Oireachtas Joint and Select Committees

Wednesday, 26 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Central Bank

2:50 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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The failure to manage the housing market and the property sector generally led us to the worst economic crisis in the history of the State. I have been alarmed for some time about what is happening in the same area. When Professor Honohan says his role is not to engage in social engineering, is it to keep an eye on this issue and ensure it does not affect the State’s economic and financial stability?