Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brendan McDonagh:
Yes and plus the fact as well I suppose the other major difference is that we valued every single asset that came into us. The banks in terms of doing an impairment exercise while they're audited are probably going to be required to take a sort of a sample of the portfolio as well, and if that sample wasn't the right sample-----