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

-----etc. Now the next paragraph:

D [David] Doyle noted that Government would need a good idea of the potential loss exposures within Anglo and INBS - on some assumptions INBS could be 2bn [€2 billion] after capital and Anglo could be 8.5 [€8.5 billion].

What did you take that reference of Mr. Doyle to refer to? Did you take it to refer to, as some have, that, when capital was exhausted, essentially those two banks were insolvent?

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