Oireachtas Joint and Select Committees
Tuesday, 10 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael D'Arcy (Fine Gael)
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Two months after the end of the bank guarantee, the funding cliff appeared. Mr. Carswell's book says that Bank of Ireland lost €10 billion and AIB lost €12 billion. In the previous six months, AIB had lost an additional €13 billion.