Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

I put a question to Mr. Daly, I think yesterday, and he said ... in his response he said maybe the banks can answer that better. And it comes back to my earlier question which was about the banking behaviour, the banking behaviours with regard to cross-collateralisations, cross-exposures, letters of guarantee and all the rest. So I asked Mr. Daly did the banks, to his view, behave in a deferential manner to major developers and lenders.

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