Tom Shehan (Fine Gael) | Oireachtas source

One has to have confidence but if they are not, then that is an opinion. Are we going too far? Could what happened that September night recur? We all lived through the Celtic tiger but when speaking privately with family and friends we said it could not last. It was a regular subject of conversation that it would not and could not last. One way or another, however, we all bought into the property bubble and there was crazy lending. It was possible to draw down unsecured, non-recourse loans in millions of euro but it was crazy banking.

We need to tread carefully now, however. I compliment Senator Barrett on his initiative but I will wait and see before passing judgment. Nonetheless, I applaud his initiative.