Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

There was nobody questioning this view because people felt that this was ... this was right. But there was also individual institutions in Europe that also had their own problems and that solutions would have ... have had to be found for those institutions, and the manifestation, the manifestation of the view you cannot have another Lehman's and countries must stand behind their banks would have come in the decisions on those institutions as well.

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