Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Yes. And in Vol. 1 and Vol. 2, I don't have time to quote it, Mr. Doyle, but you can take my word that it's here, both Merrill Lynch said that INBS loans were €11.7 billion, and that its assets were €3.6 billion, and Goldman Sachs said it had regulatory capital of €1.834 billion; again, further evidence. Now, in view of these ... all these players were in daily contact with yourselves, with the regulator; would you say that there should have been ... of course Anglo, but because of the apparently extra information that was known about Nationwide, that there should have been the most serious discussion in relation to Nationwide? And because my time perhaps is finished-----

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