Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Eoghan Murphy (Dublin South East, Fine Gael)
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In his answers to Deputy Doherty, Professor Farrell spoke about the role the Oireachtas might have played in the lead-up to the crisis and whether it played a contributory role. He mentioned it took its eye off the ball. Was it not more than this? A bad budgetary decision is ultimately made by Parliament. Is this not where ultimate responsibility then rests for decisions taken by government?