Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Ajai Chopra:

This was a massive crisis. This was a massive crisis. Ireland had a banking system that was many multiples of its GDP. You know, as banking crises go, this was ... this ranks very high up there as one of the most expensive banking crises. So, you know, there's no avoiding that this was an enormous crisis.

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