Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Again, in Vol. 2, Mr. Gantly, on page 5, is the e-mail from Peter Fitzpatrick relating to the retail deposit guarantees and adding the voice to increasing the limit:

My view is anecdotal at this stage and based on reports on what people are [openly] talking about in the workplace. I think that an increase in the guarantee would go a long way to restoring retail confidence right across the [Irish] market.

Again, this is 17 September 2008. Is that an action that ... would it have made a difference if that action to guarantee ... to raise the limit were taken earlier? Would that have helped, do you think?

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