Oireachtas Joint and Select Committees
Thursday, 13 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: AIB
12:50 pm
Mr. Brendan O'Connor:
It would be an exponentially more complex proposition because of the nature of the debt. One of the reasons the IMHO works so successfully is that it is singularly focused on family home mortgages - that is, one asset. It would be very difficult in the other area. We are not against it, but it would be a huge investment by somebody and we would probably be finished by the time we got it done.