Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Yes that's quite interesting, because you say it now, and I'll point out the point that you say that it was the Government's draft that you were uneasy with and not verbal communication but that has just been noted. You say ... you give a reason why you were uneasy with the statement of solvency and you said that "if market participants purchased shares in companies, once the guarantee was issued and it subsequently transpired that these companies were not as strong as contended". Why would you be concerned about these companies not being as strong as contended?
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