Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Okay. In that same year, in a pre-budget letter to the Government and this is in Vol. 1, page 119, you wrote ... the Central Bank wrote ... in its submission that "It seems that a gap may now be opening up between actual prices and prices warranted by fundamentals." Would there be a relationship between that 40% figure and the shock scenarios and in that letter that you wrote to the Government?
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