Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Professor David Farrell:
Yes, sometimes rushed legislation is necessary. In moments of crisis such as the night of the bank guarantee, it would be difficult to see how it could have played out differently. The period of focus in terms of the role of the Oireachtas is the period leading up to the crisis regarding whether structures and culture could operate differently to try to minimise the danger of it happening again.