Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

My question is quite simple. You've made the point that you believe the financial stability of the system was sound up until the period of 2008. Today is 2015. I am asking you how do you stand over those comments that the individual institutions which were part of that financial stability were sound up until that period, given all that we know in the intervening years? Do you still ... are you still of that view? Are you telling the committee that you're still of the view that the financial stability was sound in 2008? Not what you said at the time, but what you're saying now. What is your view now?

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