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.