Oireachtas Joint and Select Committees
Tuesday, 10 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Simon Carswell:
Yes, and €2 billion for Irish Nationwide Building Society. It is not clear from the note whether it means the existing capital and then €8.5 billion and the existing capital at Irish Nationwide Building Society and then €2 billion. It is not clear whether there were other sums involved, but the question was being asked. Much of the attention that has been brought to this issue is that it was all about liquidity, but that note tells me that there were discussions around solvency.