Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John Corrigan:
And, sorry, if I could just comment in relation to the establishment of NAMA, what that would lead you to conclude is that they would have engaged in a slow bicycle race in order to preserve capital and we'd still be looking at the land and development loans today but for the establishment of NAMA.