Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Two more, Chairman. I want to ask you, Mr. Neary, what advice was provided to Government on liquidity and solvency for Irish financial institutions? Can you advise why it was the view of certain banks that two institutions could be allowed to fail as part of the options considered on that night in September 2008?

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