Oireachtas Joint and Select Committees

Thursday, 15 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Professor Honohan will not or does not wish to put a figure on it. I can understand why he does not wish to as it is a big question for sure. However, if, and he kind of touched on it in his answer, the banks had been prudently regulated in the period that he inquired into, would the figure that he has not given have been significantly lower?

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