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

Mr. Cardiff, just slightly along the same lines, when recapitalisation of the banks became seen to be inevitable by the Department and the system, was there confidence or was there scepticism within the Department on the veracity of the data shown by the banks themselves to allow you to gauge how much recapitalisation would be necessary?

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