Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
Okay. Can I ask you, in relation to the night of the guarantee and your attendance at that meeting, you talk about, in your statement, in relation to, on page 8, "There was a basis for the concern that the fact that the six Irish domestic banks were perceived by the market as having a very significant and, in some cases, enormous property exposure and consequently were perceived to carry a very high bad debt risk." Was there any discussion during that meeting as to serious debts that would have materialised in the future in relation to the banks?