Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
On the night of the guarantee, should we have combined it with some kind of due diligence, even that the banks which we were rescuing should have left the keys of those banks in the Taoiseach's office because Anglo went from, what, €1.5 billion to €30 billion eventually and wasn't nationalised until late January. NAMA found records ... were totally defective? Did some of them disappear in this interval between being bailed out and eventually we got around to seeing what the total bill was? Would we do all that differently again?
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