Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Dr. Peter Bacon:

I honestly think in the circumstances it would not have been done through tendering. How would it be advertised? A tender such as: "Help us with a crisis." When I was sitting there I think there was already in place an international investment bank which was opining and giving advice on the same subject. That was Merrill Lynch. I do not remember seeing the advertisement for that one either.

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