Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Eugene Sheehy:

Yes. My note, my note in the board meeting of the previous evening where I referenced a discussion with officials saying that a four-bank guarantee would be needed if the other two failed or did not get a white knight. So ... it was just assumed really.

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