Oireachtas Joint and Select Committees

Wednesday, 17 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

1:05 am

Mr. Peter Nyberg:

It is unlikely that the bubble would have burst at that time if the trigger had not come from the United States. If the crisis had been in Ireland would it have been cheaper or more difficult? I have not thought that through. The Commission did not think that through because it was not our business.