Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

Well, I suppose it's maybe then ... it's to describe a process. What would have happened is that a final position would have been arrived at and that position ... that's where the financial stability people, from their research, would present a position and it would be taken on from there by the joint boards and they would discuss that position and see whether they could agree with that and endorse it. If they didn't agree with it, well then I imagine that it would have to go back and be reworked.

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