Oireachtas Joint and Select Committees
Thursday, 23 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joan Burton (Dublin West, Labour) | Oireachtas source
Well, that would have depended at what point in time, Deputy, that that was done. Had that been done a year previously when that Government was put on notice and the banking system and the regulation system was put on notice in relation to Northern Rock that there were difficulties in relation to banking, well, then, while all bank failures are costly, I do not believe, myself, that the level of costs that would ... that was incurred would have been incurred.
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