Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

It wasn't considered on the night. What was considered on the night were the options that we mentioned, including nationalisation. These options were discussed and considered and ... and weighed up in the context of the climate and the framework, or the environment we were in, particularly the environment where the TARP had gone down, where markets were going to open in some hours and we really had no idea about how this was going to go, so you were not going to take such an enormous risk with an economy. That's my view. Everyone else is entitled to their own opinion.

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