Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
In relation to Irish Nationwide, the Merrill Lynch report says ... it goes on to talk about the concerns of the influence of the chief executive. It says - this is the point here: "In the extreme stress case analysis the total writeoffs including loss of interest income would just deplete most of INBS reserves of €1.8 billion."
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