Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Tony Grimes:
I think at the stage that we are talking about, which was spring of 2008, there was probably an awful lot ... there was not a lot that, you know, we might have been able to do. What we were doing all the time, in the background of course, was working on the contingency arrangements and they had been in place since the beginning of 2008, in fairly serious terms, in terms of what the authorities would actually do.
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