Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party)
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But, Mr ... Mr. Grimes, why did the very high-level official in the Department of Finance specifically refer to the Government needing a good idea of the potential loss exposures within these two institutions and then, what seems to me goes on to put a scenario, which was being mooted, that both of them were seriously insolvent?