Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
This is, Chairman, Vol. 1, page 35 to 48, a document. It's a memo to a board dated 30 January '07. In early 2007 you raised a number of concerns which are summarised and addressed in the memo to the board by Mr. McAteer and Mr. Moran, dated 30 January. Can you please tell the committee why you had these concerns and were they addressed to your satisfaction? That's Vol. 1, page 35. Yes. And if I could direct you as well that, on page 37 of that document, the heading is, "Banks and High Growth [not] always a happy marriage" and it says:
"High growth banks seldom die of old age!" (Mohammad Rhostom, Portfolio Manager, Brown Brother Harriman, referring to our growth).
You might, I suppose, put it in that context.
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