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:
That could occur 20 or 100 times a day. The question is: when the bank made that call, what did it tell its parents about why it needed the money? I could have easily said that Deputy D'Arcy has just asked us for a loan of €500 million but I have only €350 million so can Mummy and Daddy in Milan give me another €150 million because this is a really good deal. The question is: what was said?
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