Marc MacSharry (Fianna Fail) | Oireachtas source

Yourself, in your own testimony, you said that the Government "was expected to stand behind its banks and a Lehman's-type situation was to be avoided", according to page 14 of your written statement and I mention it again there. Indeed, many other witnesses have said that there was a prevailing thought that no bank should be permitted to fail - as you put it, another Lehman's ought to be avoided. And while everybody is prepared to say this was a prevailing thought, I'm just having difficulty identifying who came up with this thought. Was it discussed at ECB level? Did the ECB tell their ... the Governing Council members "Look guys don't let a bank fail"? Did that ever occur?