Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Dr. Michael Somers:

No, I did, I raised it with the then secretary of the Department of Finance. I said, "This is extraordinary stuff." And he said to me, "You're not listening to the Governor of the Central Bank, the Irish banks are well capitalised, they've been stressed tested, what are you on about?" So, I said, "Well, maybe I'm wrong."

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