Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Can I ask you maybe a question, if house prices didn't fall and commercial property fell to the extent it did 67%, would the banks still have needed the amount of capital that the Irish state provided?

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