Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
He also made reference to the investment banks in his previous evidence, when he suggested that in hindsight Anglo should have been allowed to fail. He stated: "all the investment banks that looked at it saw that Anglo’s business model was not credible in the market." What investment banks were they and what did they say? What was Professor Honohan referring to?
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