Eamon Gilmore (Dún Laoghaire, Labour)

It is a serious rewriting of history to suggest it came from elsewhere.

The truth of the matter is that the Taoiseach got warnings about what was happening in the property market and he got warnings about the consequences of light regulation. As far back as 2005 The New York Times was describing the Irish financial sector as the Wild West of the financial world and pointing out that the Government was trumpeting the light regulation that was in place. We now know where that has ended up.

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