Oireachtas Joint and Select Committees

Thursday, 9 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Derek Quinlan:

All right, but I only wanted to highlight that it's probably not a well-known fact here that he invested that amount of money in Ireland in 2008 and he believed the Irish banks were a very good investment. And he lost practically all his money and he apologised in his 2009 annual report and he referred to it in tennis parlance as an "unforced error".

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