Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Richard Burrows:
No, I can't explain. I'm not sure which advisers you are referring to, but I can't explain why somebody didn't see the problem. We didn't see the problem, I take my share of responsibility for that. We had over-reliance on wholesale funding, as evidenced by the numbers which we have been quoting and we make no bones about that.
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