Oireachtas Joint and Select Committees
Wednesday, 2 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
And that was all perfectly within the ... Going back to Mr. Boucher in relation to the meeting and I know that you said it was difficult to recall all of the detail, he said in his own evidence, he said:
There was a discussion between ourselves and AIB, there was some commentary from the regulator that they felt, well, the haircut on Irish Nationwide's books would be, I don't know, a mid-teens per cent. Whether I had a justification to say it, but I do recollect I said, "Well, whatever they say, it's two or three times that."
And then he goes on to say:
I felt we should get out of the building. I said, "We can't support these people.
So, do you recall that at all?
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