Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I am seeking clarity with regard to the purchase and the timeline of it. It commenced in 2006, but Ms Donovan is indicating that it was quarter two of 2007 when it was purchased.

I am sure that both Ms Kennedy and Ms Donovan will talk about it later, what with all of the questioning, but we have heard about the very clear need for separation between what one might call the business end and the journalistic end of newspapers. There may be a requirement at times for the two to talk about what is happening in the real world outside the newspaper as well. It seems to coincide with the purchase of myhome.iethat a very significant article in the witnesses' newspaper, through Professor Morgan Kelly, said that the property market was going to crash. The newspaper was investing in a website that was promoting a product that was going to go into a very, very serious time. Was there any awareness of that during the discussion to purchase the website?

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