Oireachtas Joint and Select Committees
Thursday, 13 April 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman
10:00 am
Mr. Jonathan Sugarman:
I would not like to comment on that because I am not well enough versed in its ins and outs. I could not emphasise more, let us not forget and as the Deputy says, that the entire downfall of the Irish banking system was on account of commercial property real estate. The price tag for that was €65 billion or €70 billion, for all of these banks put together.
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