Oireachtas Joint and Select Committees
Thursday, 15 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Professor Patrick Honohan:
The Minister published an article on that recently. He is hoping for improved prices as the banks recover and that he will get more from selling the shares and so forth than is actually priced into the valuations. That is the main source of difference. Also, to do these calculations one must bring them back to a certain date and one must be very careful about adding and subtracting interest. There can be double counting. The main difference-----
No comments