Oireachtas Joint and Select Committees
Thursday, 12 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Frank McDonald:
I am sure I did because I was horrified by what was happening. When a rather undistinguished house in Shrewsbury Road, Dublin was sold for the staggering sum of €58 million, that obviously had to appear on the front page of the paper because it was so staggering. My reaction to it was that whoever spent that kind of money on a house like that must be out of their mind.
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