Mr. Jean-Claude Trichet:

No contact between the Irish Government and either me or the ECB or, to my knowledge, other governments, because I had myself the other governments calling on me and saying, "What's happening?" Because at the time, you know, it's extraordinary in this time of crisis, the simple fact that the Irish Government had given the guarantee was considered by the global market a much better guarantee than any private signature and so the money was affluent and you can imagine which marketplaces were absolutely appalled to see that the money was getting out their marketplaces and going in Dublin. Of course, after, it appears that the views of the investors and savers were totally different and they considered that the creditworthiness of Ireland itself, the sovereign, was at stake.