Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
But, Mr. Hurley, you were the Governor and you had your team and there was the Department of Finance ... lots of specialists ... you know, people with years of experience in banking ... years of experience in all kinds of ways and yet, for the first time ever, in your collective lifetime, all of these institutions were in trouble in parallel, simultaneously and no one said, ''Mmm, why don't we intervene now?'' There was all sorts of talk going on behind the scenes. We've seen all the papers and yet, you were, if you like, all accelerated into several rooms in Government Buildings on the night of the 29th. How did it come to that?
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