Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Much of this comes down to the interpretation of language. When Professor Honohan was asked about whether Anglo should have been allowed to fail even with the information available at the time, and he said "Yes", the vast majority of people would take that to mean it should have been allowed to hit the wall. That is not what he appears to be saying.
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