Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Well, I suppose I'm referring to ... to page 19 of your appendices, and you give two graphs. You give the O'Flynn Group, the value-to-debt ratio at 30 September '08 and on the face of it, Mr. O'Flynn, it would seem that the debt gearing levels were very high.

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