Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

There was no option on the night, as I saw it. That was the best option to be taken. I agreed with the decision and I feel that if the decision wasn't taken there would have been enormous consequences for Ireland. Now, move on then through the year - very significant decisions had been taken, but then a number of events happened in 2009 outside the control of Ireland. You had the whole struggle ... the Greek issue. You had the mishandling of that issue over a long period of time. You had the announcement-----

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