Oireachtas Joint and Select Committees
Wednesday, 2 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Joe Higgins (Dublin West, Socialist Party) | Oireachtas source
First, if I can allude again to the meeting on 7 September 2008, and Mr. Boucher, in one of his statements to this investigation, stated the purpose of the meeting was to discuss potential liquidity support for Irish Nationwide. Now, leaving the Reuters issue aside, Mr. Purcell, why was there such concern in many quarters about the viability of INBS or the need for liquidity support because both Mr. Fingleton and Mr. Walsh in their opening statements stressed that INBS had sufficient liquidity at that time?
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