Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John Hurley:
If ... if you look at the overall level of, say, ECB support given to the banking system earlier in 2008, it was fairly static. It changed dramatically during the months of August and early September. And after Lehman's, I think it moved from ten to 15 to 40 in a very, very fast space of time. But it had been quite reasonably static up until then. That's my view. The ... the outflows after Lehman's were dramatic.
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