Oireachtas Joint and Select Committees

Tuesday, 4 April 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector: Quarterly Engagement with Central Bank of Ireland

10:00 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael)
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I am sorry. I do not want to be disrespectful but previous governors, in the period before the recession, used that terminology also. It did not work. It is not going to work. Unless the Governor has the flexibility within his structures to intervene in an intelligent way, I think we could be whistling past the recessionary graveyard again. That is not something any of us want to happen. We do not want to see the people in our offices again who we have seen for the past six or eight years.