Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Richie Boucher:

Yes, I think you can be very ... ratios and percentages can become ... you can have an over-dependence on mathematical formulas in relation to dependence. Absolute amount of money is what gets you into trouble, notwithstanding that it could be a big proportion or a small proportion. You could have a small proportion of a sector that goes really bad and you get ... you take big hits.