Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Yes. On the top, right-hand side, "INBS has €11.7 billion of loans ... Writedowns of 30% - 60% results in an impairment of €3.6bn - €7bn", right? And then the Goldman Sachs, which is in another document, it's said that regulatory capital by INBS was €1.8 billion. I mean, that's ... is that insolvency or not?

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