Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
Mr. Grimes, that's not the question I asked you.
Okay, sure. On the particular reference, I don't recall the interpretation you're putting on that, Deputy ... that the figures refer to the possible insolvency of those two institutions. There is some doubt about the reference to capital there, and whether the possible losses are before or after capital; and certainly my recollection, you know, from having attended the meeting, was that virtually nobody who was present at the meeting concluded after the meeting that ... that the two institutions which are referred to here, were, or were likely to be, insolvent at that time.
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