Oireachtas Joint and Select Committees

Wednesday, 28 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael)
Link to this: Individually | In context | Oireachtas source

Professor Kane is very welcome. The “too big to fail” theory is often used but that comes from the perspective of the bank. I want to reverse that perspective and ask the professor's opinion of a country that is too small to guarantee. Were we too small to guarantee?