Oireachtas Joint and Select Committees
Thursday, 7 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
And in that regard, that brings me to my very, very final question. Mr. Trichet, last week in his engagement with the inquiry and witnesses who have been before this, spoke about that when the guarantee was put in place, that there was a funding cliff that was going to be faced in two years, when the guarantee actually ran out. Did any of you do forecast work in that regard for your banks as to what was the long-term forecast for your banks following the guarantee being put in place?
No comments