Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Could I move on in that section, if I may? You have this group, in the first half of 2006, on page 122, said ''the funding gap continues to widen, suggesting that the risk of a country-specific shock could pose liquidity or refinancing risks for banks''. That was in the beginning of 2006, two and a half years out from the crisis. Nothing seemed to follow from that finding.

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