Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael D'Arcy (Fine Gael)
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Yes. Can I ask, Mr. Cowen, and I understand Cabinet confidentiality may apply here, but your decision to increase the deposit guarantee scheme from €20,000 to €100,000 was higher than a lot of other jurisdictions. Could you give me, and give the committee the analysis that was undertaken to arrive at that decision and who took that analysis on your behalf?