Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Okay. Just in terms of a guarantee again, Mr. Goggin, his testimony was mentioned earlier on. He, he mentioned in his testimony, and I'm just going to quote a piece where he was speaking about ... the night of the guarantee and the meetings and I'm just going to quote a passage and I'll question you on it afterwards.
In fact, as I recall it, the prospect of a guarantee, which was raised earlier that morning in relation to acquiring Irish Life & Permanent, had been mentioned to me during the summer of 2008 in a conversation with the Governor of the Central Bank. He mentioned to me that there was lobbying for a system-wide guarantee for all banks.
Would you agree with that statement?
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