Oireachtas Joint and Select Committees

Thursday, 14 December 2017

Public Accounts Committee

2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation

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9:00 am

Mr. Des Carville:

There is a flip side. As Mr. Dorgan said, it was a policy choice that was taken at that point. However, if the banks were not rescued I shudder to think what state the economy would be in today. Would we even have an economy with no banks?

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