Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent)
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Final question, because the time's running down, and thank you both again. Were we prepared for the euro, where wholesale deposits can flow in ... a banking system traditionally based on deposits and not wholesale lending, not knowing what to do with the extra money ... and, I mean, should we, as a nation ... worked out what would happen in the euro currency much better than we actually did?