Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

2:50 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

That gives me some level of comfort but it does not corner off the idea that if somebody is overexposed with regard to currency exposures, etc. - the blended portfolio - and if they need to increase it to keep their ship afloat, they can justify it perhaps on those grounds. I am giving Mr. Reid the worst case scenario.

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