Oireachtas Joint and Select Committees

Wednesday, 28 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

Cuirim fáilte roimh an tOllamh Kane and welcome him back to Ireland. He has spoken a lot about the too-big-to-fail concept. There have been studies on what this means. In Professor Kane's view, what does it mean to have a bank too big to fail? How would he, or a member state, assess in a crisis whether a financial institution is too big to fail?