Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

But Mr. Hurley, in 1995 the indebtedness of the personal sector was 71%. Twelve years later it was 248%, now, 71% of GDP and 248% of GNP. That happened effectively on your watch, and that compiled with the level of indebtedness to the commercial real estate sector and I want to quote page ... I believe this document is section 33AK-protected ... sorry one moment.

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