Oireachtas Joint and Select Committees

Wednesday, 25 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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In chapter 7.18 of his report he concludes the paragraph by saying: "It is fair to acknowledge, however, that experience shows that quantitative credit limits can be circumvented fairly easily". What does Professor Walsh think he means by that?