Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Richard Burrows:
I think, Senator, we did see in 2008, we started to realise, but by then, our opportunity to change course and do something about the situation was a bit late. So it isn't as if this burst upon us completely afresh, it was something as a growing problem of which we were aware in 2007- 2008, which crystallised in 2008-2009.
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