Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

But we ... we know all that happened and it happened after your tenure. I want to come back to your tenure, which is, on that eve ... was a costing put on how much it would cost to nationalise Anglo? You say ... you've indicated there that part of the nationalisation process would be to take out the shareholder base. That's one cost eliminated immediately. There's also the borrowings that ... and the lending exposure that Anglo had. So were you ... was there discussions of that nature as to how much Anglo ... it would cost to nationalise it? At the guarantee time, now.

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