Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I am talking about the autumn of 2008, as opposed ... what I am talking about immediately in the lead-up to late September 2008. You expressed a view earlier that in your view Anglo-INBS should have been nationalised. You expressed scepticism about the model that they were pursuing and about the solvency and I am asking you directly, did you convey those views to your superior, Dr. Michael Somers, the CEO of the NTMA, at that time?

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