Oireachtas Joint and Select Committees

Thursday, 15 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Therefore, there would be a cost to the State. If the Governor is suggesting that what David Doyle has said is that this is with capital, it is not a suggestion for the first time that this was not a simple liquidity crisis, but was rather an issue of capital. It was a recognition on 26 September that there was a need for capital injections in the banks.

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