Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

The two major pillar banks were worth perhaps €500 million between them around that time.

Would Dr. Bacon consider that perhaps the nationalisation of the banks, with a return to profitability, as of now, accruing to the taxpayer, might have been a better option than NAMA?

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