Oireachtas Joint and Select Committees

Thursday, 18 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

In your own opening statement, you touched upon the vulture funds, Mr. Moran, and can I ask your ... how appropriate it is that the assets are now going to the market at the write ... at the written down rate, and that some of the funds have them for 12 months, 18 months, and double their money in that short period?

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