Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Given that Permanent TSB didn't go into the whole area of speculative property lending, land banks and development finance, how did it end up costing €4 billion?
Was it the collapse in property prices? Can you explain, from your point of view, and I know you were gone in early 2009-----
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