Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
Well I don't, I'm not sure that I can actually get into discussing the details of Depfa; but I suppose it's ... I suppose it's public utterances, because I think it was a public company. It would be generally known that most of Depfa's exposure were sovereign debt exposures, requiring very little levels of capitalisation. And I think they fell victim to the emerging difficulties in the international funding markets.
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