Peter Mathews (Dublin South, Fine Gael) | Oireachtas source

That was July 2011. I wish to go back a little to examine the situation as the picture was emerging. Mr. Spring said that shortly after joining, he was horrified by the scale of the losses. I am amazed that the accounting firms did not have some anticipation of that but they seemed to be dulled in their minds as to what had happened to the balance sheets of banks. They should have seen that the engineering ratios were going all wrong. Loans to deposits were crazy. Lehman Brothers had nothing to do it. It was a self-orchestrated disaster. What is the approximate total of gross loans on AIB’s balance sheet?