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
Basically, the suggestion is, is that there was no ... there didn't seem to be a let-up from the banks of investing into concentrated areas such as commercial property, development property, and that what the global financial crisis brought on was basically a realisation that assets were overvalued and would eventually have to be written down.
No comments