Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Dermot McCarthy:
No, Deputy. As I said earlier, I wasn't aware that that, if you like was in gestation and that the first text that I recall seeing of a formula was one which I assumed had originated with Kevin Cardiff but the documents would suggest that he was working from an earlier version which was in effect, the one that William Beausang had been engaged in.
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