Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

So Dr. Bacon has no information on that, along with everybody else.

Point 32 on page 8 of Dr. Bacon's submission states, "In conclusion, it appears that the Asset Management approach has the potential to offer greater assistance to achieving resolution of the impairment issue upfront and maximising taxpayer returns, over the longer term." Has NAMA been run in an appropriate way to maximise taxpayer returns over the longer term?

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