Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Pat McArdle:

In his report, he has a graph where he looks at the external influence, and the domestic, and he attempts to do ... and his first report in 2010, I think it's either ... he has ... is either two third or three quarters internal. I'm on the record as saying roughly 50-50, which is my best guess. I agree with Dr. McLaughlin, quite impossible to say. But it would have been a hell of a lot less but for everything else that went on outside the country. And we wouldn't have had ... we wouldn't have needed as much money.

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