Oireachtas Joint and Select Committees
Wednesday, 21 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Klaus Regling:
We had a similar question before, and I cannot say. What I would like to emphasise is that because these different factors came at the same time, that is the explanation for why it became so bad. If only one of the factors had been at play and the other not, then the crisis would have been much shallower.
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