Oireachtas Joint and Select Committees
Wednesday, 6 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
Can I ask you about Exhibit B3? This is a document you gave us yourself in your own statement. It seems to me to be a very serious document, in which it ... it shows the immediate actions that your own bank was taking at the time. You were sell ... you were continuing to run down books, various books and portfolios, you were looking at, sort of, how to ... basically how to save yourselves. You also have a big long list of immediate ... of actions ... management actions that might be taken, some of which are quite serious and involve selling off various businesses and so on. But in that document you ... there's a very long reference to the whole idea of a bank which you believe is about to fail, and I'm assuming it's Anglo Irish Bank, on page 13 of Exhibit B3. You say: "We assume that the institution concerned is ... Headquartered and supervised in Ireland ... Not our major indigenous [customer] ... [and is] A publicly quoted company". So is it Anglo Irish that you're referring to?
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