Oireachtas Joint and Select Committees
Wednesday, 1 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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-----in that function.
There's an oft-quoted article by my colleague Deputy Higgins, which he didn't refer to today, from The New York Timesin April 2005 - which admittedly was just after you would have left the role; it would have been referencing the time that you were there - when they described the IFSC as "the Wild West" of finance. Was that a fair description of what you saw in your time when you were with the IFSC?