Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Your statement on page 7, you say that Anglo, "There was no question of allowing a bank with a deposit base of €11.6bn from its Irish clients alone, to close its doors." Wasn't the counter-argument that Anglo had only a couple of hundred customers and, in fact, it was all in property and a lot of the property wasn't even in the country. So that, you know, was there a case for either nationalisation or just letting it go?

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