Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

No I, I ... the conversation, I just have to reflect for, for a moment Deputy. This is a while ago and I haven't looked at this for a long time. As far as I remember, the ... conversation was, came about this in a, in a circuitous way and ... we, we touched on contracts for differences. I didn't ask him outright: "Is it true that you have got contracts for differences in Anglo?". What Mr. Quinn indicated was that yes, he had some contracts for differences but he had gone long in the financials.

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