Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Very finally, and back to the old chestnut that many of us have touched on in terms of banks being allowed to fail. In the discussions and the deliberations in the room when people were trying to make that right judgment and when discussions around the potential to allow banks to fail was being considered, what was the contrarian view put forward? Were people ... was it said, ''Look, everybody knows we can't do that'', or was it, ''The ECB won't wear that, the IMF won't wear that'', or, ''The Commission won't wear that''?
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