Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
No, I think at the first part of the meeting, all the various options that could be put into play were touched on like nationalisation, guarantees, guarantees for some ... now liquidation never ... was never an option that was discussed on that particular night, so it was going to be nationalisation or guarantees or some sort of a combination. And the meaning I took out of it was that before the day was out, that there was going to be some combination and that ... and my view was that the banks had indicated already that day what they would like to see coming out for them and that was the message I had taken out of the meeting. But that's my ... I'm just being true to that recollection. Other people may contradict that because I may have picked it up incorrectly in the discussion.
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