Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Okay, the final one is just on page 3 of Vol. 2. Mr. McCarthy, you were present at this crisis meeting, liquidity crisis meeting, on 25 September as Secretary General to the Government. Do you recall that meeting? Do you recall the reference to what David Doyle said, for example, about potential loss exposures in Anglo and Irish Nationwide, €2 billion after capital in the case of INBS, Anglo could be €8.5 billion and - we're just closing off a line of evidence here; it's been difficult to get to the bottom of this issue - but do you recall it by any chance?

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