Oireachtas Joint and Select Committees

Wednesday, 11 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Professor Patrick Honohan:

It is like asking how many players were left on the field and how many goals were scored.

The cash running out of Anglo is depositors withdrawing their money. The €8.5 billion or €7.5 billion, or whatever it is, refers to the assessment of the valuation of the assets. That would not have changed between Thursday and Monday.

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