Oireachtas Joint and Select Committees

Wednesday, 25 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Senator Seán D. Barrett:

Professor Connor states in his submission:

If one or more senior officials in the Irish Central Bank had shown the wisdom and strength of purpose to block the massive and destabilizing debt capital inflow into the Irish banking sector, or its risky utilization in property development lending, the crisis would not have happened.

As we say in examination questions, will he expand on this?