Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Dermot McCarthy:
There was certainly discussion of the potential for losses on their loan books and that this would be in a sense a function of the duration of the environment ... the negative environment. But I don't recall that anyone was of the view that this was inevitably or surely going to lead to insolvency.
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