Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael D'Arcy (Fine Gael)
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You're probably fortunate you didn't have the benefit. There was a deep dive into the banks, that was a term that you used, subsequently to all the financial institutions by PwC. They subsequently reported to the Minister that the banks were solvent. Could I ask your view about that analysis by PwC? That's Project Atlas, where they took most of the valuations from the banks. Was that a worthwhile exercise?