Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
I liked your earlier point about improvement points, control points and this kind of dialogue and Mr. Smith's points, but we better move on or our mutual admiration will use up too much of the time.
You say on page 11, it's in the fourth paragraph on the right hand side: "We noted that there is a strong risk consciousness in general throughout the Society". But does that not contrast with the 57% discount? I was thinking that, you know, our new man in drapery buys really good suits, but we can only sell them at 57% discount, so that he hasn't got a great cost consciousness.
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