Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Yes. Again, not talking about the capital position of the bank, but talking about their over-exposure to property and commercial property, did you at any time ask your officials, the Central Bank, the regulator, given the fact that very influential commentators on the likes of the Financial Times, others in terms of other banks, were advising people to sell their shares in these institutions as a result of over-exposure of property? Did you at any time lift the phone to anybody, have a conversation with anybody, saying, "Could there be any suggestion?", or, "Could this be true, that some of our banks are over-exposed to property?"
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