Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

And then, Mr. Neary, considering that only two years later some of these banks had massive haircuts - up to 57% in the face value of the loan book - would a reasonable person be right in thinking, perhaps, that the information in September 2008 from the banks was less than frank?

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