Oireachtas Joint and Select Committees
Thursday, 2 April 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
I might come back to that but first I want to consider valuations and the valuer’s relationship to financing, investment and where the money is coming from. Mr. Moran said in page 5 of his submission that, "The practice of borrowers giving personal guarantees to secure debt became increasingly common in 2006 / 2007, and led to significant cross-collaboration of debt". What would his relationship be with the funding of a transaction? He said he introduces parties.
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