Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

Well, when you look through the stability reports, that was our assessment. Yes, but that ... that was our assessment, Deputy. As you ... as you ... as you moved through the particular reports, we made that assessment on the basis of all the data at the time. Now, of course, the world changed, but at that time, we made the assessment as you ... going through 2004, 2005 and so on, that assessment was made on the basis of all of the aggregates that we were looking at. Now-----

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