Oireachtas Joint and Select Committees

Thursday, 26 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

Professor McDonough said that on 29 September 2008, in the dead of night, Ireland desperately tried to signal for help but a cannon broke loose the ship and holed the ship of state below the water line. Can he expand on this? What could or should have been done when Ireland signalled for help on that night?

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