Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

2:20 am

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party)
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Mr. Wright has many observations about pro-cyclical financing and policies. Does he have a view on whether it is healthy for society or the economy that there is unrestrained profit taking, for example in the housing industry; that this does not seem to be a problem for the political establishment or others and that no proposals to curb that have come forward?