Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Professor Patrick Honohan:

There is nothing new from that point of view so I think they ... the reason to take control of a bank that is so deeply troubled is that the management of that bank - and I am not speaking to the individuals - any bank that is so troubled has ... the incentives change and it becomes risky to leave that in the hands of-----