Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tony Grimes:

Yes, in general terms, I'm aware of the difficulties caused by the CFD and the need to sort of unwind them and the risks that, if the shares were released suddenly to the market, that would create a very serious risk and that it could, you know, ultimately undermine further confidence in Anglo and hence the need for the bank to intervene further in providing liquidity. All those were certainly-----