Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Thanks, Mr. Cardiff. I know you're anxious to get going, so just very briefly. You spoke there to Senator Barrett in relation to the nationalisation of Anglo, in particular, and why didn't it happen on the night. You had said to us that you had a preference for that - it didn't pan out. In his report, Mr. Honohan said, "it is hard to argue that the delay of five months in eventually nationalising Anglo had a major financial impact." Are you able to put a number on what cost you think would have been saved or is far too much made of this issue?
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