Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Sorry. Thank you. Just, staying on this page and just moving down in that paragraph to the sentence, ''The Group's position was highly precarious in 2008 due to its high level of short term funding and therefore its high loan to deposit ratio.'' Do you accept that? That that's why the group found itself in a precarious position in 2008?

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