Oireachtas Joint and Select Committees
Wednesday, 2 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
He says also that there had been an "exercise" he describes it, back in 2006 - he can't remember the exact date - where options were being considered for Irish Nationwide, and he says:
[We sat down with the] chief executive of Irish Nationwide and his company secretary to discuss their business model to get an outline of the type of lending they did ... I got an understanding of what I felt the business model was. I went back to the chief executive and said I didn't feel ... there was an opportunity for us and I didn't recommend we pursue it.
Is that ... do you have a memory of that meeting in 2006?
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