Eoghan Murphy (Dublin South East, Fine Gael)
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This morning, Professor Honohan made a number of references to Lehman Brothers and I want to go back to September 2008. On page 18 of the report on the banking crisis, Professor Honohan stated:

Some also still feel that, without the external shocks of September 2008, the system would have survived without imposing a cost to the Government. The report does not share this view.

Why does he not share that view?