Oireachtas Joint and Select Committees
Wednesday, 6 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Cormac McCarthy:
In October 2008, with, you know, with the bailout of the UK banking system, added some measure of stability to the Royal Bank of Scotland situation and, collaterally, to our situation. So, you know, within a month the ... not the urgency of the issue, it was still a pretty stressed time, things had settled to a degree.
No comments