Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael)
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Can I ask, Mr. Cowen, that in terms of the amount there was now a €70 billion liability from ... I'm not sure what the liability was at €20,000 per deposit, but was there overkill? Did we all ... did the system or people working the system try to do too much rather than doing enough?