Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Went:

Oh, yes, I'm not disputing that. However, we always ... we took a very cautious approach to that. We decided that, you know, we did not have all the skills necessary to enter into that business, so we entered into a joint venture with Merrill Lynch, where the financial risk was 50:50 split.

Comments

No comments

Log in or join to post a public comment.