Oireachtas Joint and Select Committees
Wednesday, 22 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Michael O'Flynn:
I think England had quite an issue but they dealt with it quite differently by the insurance scheme they brought in. I think we, in setting up the NAMA structure, we hastened the demise of our banks and we also ... if you look through the NAMA ... the purpose of NAMA and go through each of the line items in NAMA and I'm happy to go through them, if you wish now.
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