Oireachtas Joint and Select Committees

Thursday, 15 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
Link to this: Individually | In context | Oireachtas source

-----was in the area of property. What we had was massive growth in property yet we had a Central Bank position with regard to sectoral concentration which was completely out of kilter with what was actually happening in the industry. Would that be correct?