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Thu 11 Nov 2009Organisation admits it was wrong on health of banks
2008 FORECAST:THE HEAD of the Organisation for Economic Co-operation and Development (OECD) yesterday accepted the organisation got it wrong in its report last year on the health of the Irish banks.
In its report on Ireland last year, the organisation said the Central Bank and the Financial Services Authority of Ireland “had clearly identified the major vulnerabilities and taken action to mitigate them.
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