Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
Thank you. If I might move on then to an issue that has also been dealt with in the sense of the type of security, or not security, that was given by borrowers, that the banks did or did not demand. That has been dealt with quite comprehensively but can I just ask you finally on that, were there variances by scale of debtor in regard to this practice? You refer to somebody taking paper out of their pocket and showing it to a banker and this was accepted as good coin. Did the ... how ... did acceptance of that relate to the scale or the wealth of the person seeking loans?
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