Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

And ... and Professor Honohan is entitled to his view. This is not an easy situation where there are simple answers. There are judgments in this and judgments can be right or wrong. But on the night, there were a group on people in Government Buildings ... do their best to make the right decision. It was extremely difficult, an extremely sombre occasion where we were pretty much on our own and we had to make those decisions. Now, you ... you ... some people might be very content to take risks but with those sort of risks, I doubt if many governments would have taken it.

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