Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

And I don't know if that's a section 33AK issue or not, but that's very general and broad, and the question is reasonable, in my opinion, and Mr. Trichet, in the course of our discussions, was very clear in his statement on that issue. The ECB never gave any message. "No message to Brian [Lenihan], no message to the Government of Ireland, but, if you read the papers at the time, all central bankers of the world were telling all governments, 'Don't do ... Lehman Brothers.'"

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