Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

You mention, on page 6 of your larger document, "In [...] normal times, INBS should not have been a big problem to solve." Isn't there evidence from Nyberg, Honohan and so on that at least one of those banks had been a problem for eight years? I think it's called "Bank A" in one of ... one of the reports. So, why, in normal times, did we not say, "Look, there's a bank which is not fulfilling regulatory requirements"?

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