Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Yes. Can I ask, Mr. Cowen, and I understand Cabinet confidentiality may apply here, but your decision to increase the deposit guarantee scheme from €20,000 to €100,000 was higher than a lot of other jurisdictions. Could you give me, and give the committee the analysis that was undertaken to arrive at that decision and who took that analysis on your behalf?

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