Oireachtas Joint and Select Committees
Wednesday, 11 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Sean Barrett (Independent) | Oireachtas source
Page 2 of the Governor's letter for today's meeting states: "In the actual case the Government had no information at hand indicating that any of the banks were about to experience losses far in excess of their capital reserves." Mr. Carswell who was with us yesterday states in his book that the chairman of AIB said on the night that Anglo and Irish Nationwide Building Society should be taken out and were insolvent and broken. He presented this as evidence.
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