Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael D'Arcy (Fine Gael) | Oireachtas source
Can I put it to you that there was a silver bullet attempt in terms of the bank guarantee? And can I put it to you that the deposit guarantee scheme was an increase from €20,000 to €100,000 - a fivefold increase, we were multiple of what other jurisdictions moved up to, you know? I suppose what I'm asking you was, were you and the Executive trying to do too much with one fell swoop?
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