Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom Considine:

It's a very political question, Deputy. I mean, basically, at the end of the day, I mean ... these pre-budget ... this is almost an industry, you know, submitting pre-budget submissions and what you expect these people to do is what... a term they use in financial markets is to "talk their book". I mean, you know what else would they say? But, like, this is only part of the policy making, you know, input and people are entitled to say whatever it is that they feel, you know, is ... represents the views of their sector and, you know, whatever decisions are made, at the end of the day, is a matter for the democratic system and whoever gets elected by the people decide whether to, you know, go along with this submission as opposed to this other one, or whatever. So I don't ... I don't feel I can answer that question.