Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party)
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In retrospect now, Mr. Cowen, Mr. Drury assembled for you a panel, a majority of which were associated with Anglo Irish Bank, whose share price had collapsed disastrously a few months before, whose model was built on extensive property speculation, that was on the verge of nationalisation, that eventually cost the taxpayer €35 billion. On reflection, do you wish that you had been given advice by a more capable panel than that?