Oireachtas Joint and Select Committees

Wednesday, 11 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

It states: "D Doyle noted that Government would need a good idea of potential loss exposures within Anglo and INBS - on some assumptions INBS could be 2bn after capital and Anglo could be 8½.". Does Professor Honohan view that as evidence that people in senior positions knew there was a potential capital shortfall in Anglo and INBS, and were even at that stage speculating on the possible extent?

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