Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

-----that out ... out of the ... out of what was happening, this became a common view that you could touch. A common view that you ... that you really couldn't afford another Lehman's and that countries had to stand behind their banks. And, I can't put it any more strongly than that, I mean, I was involved in all of these discussions. These were from my office in Dame Street, I was involved in teleconferences. There was really no doubt about this, right across Europe, as far as I was concerned.

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