Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
And, because of the timing with Lehman's and everything else, that eventually, then ultimately became the guarantee and so forth, because of the business model that was in place in AIB at that time, if those events didn't actually happen, and maybe something else triggered the type of sequencing you're talking about, would the exposure to the Irish taxpayer have actually been higher, given the model that was being operated, if let's say the model continued for another 18 months, two years or so?
No comments