Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. David Duffy:
Deputy, it's hard to quantify an exact number. I would say that my opinion would be there would have been still significant pain. I think the issues remain. You had a short ... too high a content in terms of short-term funding and you had too large a concentration in single asset class, and either of those could have caused you pain.
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