Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Ronan Murphy:
No, Senator, we were not ... we did some work in advance of the guarantee. That work was completed on the Friday evening - Saturday morning, where we reported in relation to the liquidity concerns on three of the institutions that subsequently became covered institutions but our work effectively ceased that weekend. So we never advised nor were we asked to give any advice on nor did we give any view on, the options being considered by the Government at that point in time.
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