Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Gerry Fitzpatrick:
That would have been looked at if ... if you've ... if you'd a loan that was ... had objective evidence of impairment, you're trying to see, well, what is the collateral value. If that was based on the value of a property, as you say, that had been previously financed, you'd be looking to understand how that valuation was carried out, and how was it stood up.
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