Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tony Grimes:

Apart from the issues which subsequently became the subject, you know, of legal issues ... yes, there was obviously issues to do with liquidity, with market views on concentration on property and that that was a major reason for the very significant decline in the share price of Anglo, which was relatively worse than that of other Irish institutions at the time and certainly, there was concern around those issues.