Oireachtas Joint and Select Committees
Wednesday, 13 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Tom Parlon:
Well, look it, I don't know what impact it had on ... obviously, there's two sides to every story. The Government chose to go on a particular route. I know the Opposition at the time felt it wasn't the right route to go, which would be ... wouldn't be unusual at any particular time anyhow, but we felt that investing in some alternative point of view from an expert agency might be helpful, and, you know, we ... when NAMA was set up, we immediately said: "Well, they're the only game in town". We had a number of meetings where we invited in our developer/builders, who were going to be involved in NAMA, and both the chairman and the chief executive, and some other senior officials attended large meetings, and several meetings, to outline how NAMA was going to operate-----