Oireachtas Joint and Select Committees
Thursday, 10 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
-----we needn't do it. I think I said before that I had a colleague in Sweden who's no longer finance minister, but he spent seven or eight years there, and he told me that in the Swedish banking crisis which was in the early '90s, he only sold the last tranche of shares into the market 18 months ago and they made two and half times the nominal value of what they put in.
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