Oireachtas Joint and Select Committees
Wednesday, 6 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Okay. The minutes also record, and this is on page 18 of the same book that:
The Governor then reported that he had called his counterpart in AIB for a general discussion on the market and learned that AIB [did] not propose to approach the Government for capital but would be receptive to preference capital if available. However, DG expressed a distinct lack of enthusiasm for the idea that the Government might recapitalise all banks because, like the [Government] guarantee ..., it would sustain some which do not deserve to survive in his view.
For the record, was Bank of Ireland at the time arguing for the recapitalisation of all banks that were guaranteed?
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