Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

In document C3b Vol. 2, page 29, Mr. Sheehy, this was a contemporaneous note made of the meeting that Mr. Sheehy was involved with, in which he says "People we've been dealing with for decades, pulling back - 1 month we will be funding bank overnight. Bad if can't even get that, disaster - bankruptcy." So that was on the night of the guarantee, that was your chief executive. How ... what do you make of that observation that he made that was ... the contemporaneous note was made at the time?

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