Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I welcome Mr. Regling. I will take him back to the fraught environment in September 2008. Lehman’s bank filed for bankruptcy on 15 September. What would have been the implications for the eurozone if a bank had collapsed in the eurozone, not necessarily in Ireland, if there was a disorderly failure of a bank at a time when there was such a liquidity crisis following the collapse of Lehman's?