Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. So you have, kind of, no specifics of any conversations whatsoever. Like, you know, I'm looking ... I'll go back to the e-mail that we were referring to there. Again, on page 11 - and we have this as documentary evidence - where it talks about, "One of our Canadian Holders said that she has been informed out of London that we [ILP] in Irish Life and Permanent are the next Northern Rock." That's just a snippet that we got in an e-mail of kind of conversations that go on in relation to the perceptions of the bank and so on and so forth. And this e-mail is actually very much about Bank of Ireland as well, even though it is coming from ... So, like, you weren't privy to any kind of conversations in relation to the perception of investors to the bank, whether they were looking at the Irish banks all as one or whether they thought maybe Irish Life and Permanent wasn't as ... in a worse state than other banks.

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