Oireachtas Joint and Select Committees
Thursday, 23 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joan Burton (Dublin West, Labour) | Oireachtas source
Okay, the alternative that was possible was, for instance, to actually have the banks which were the most exposed, in fact, either fail or be nationalised. Now, when you look at it - and if I go back to that period of time, and you can check this - my concern was, if you like, in relation to two items. First of all, the banks which had caused the difficulty were two, in particular - Anglo and Irish Nationwide. One was a boutique developers' bank, serving a relatively small number of developers who had very large presence in the Irish market-----
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