Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

-----and that internationally there was very little confidence in them and that there was a stand-by on the Moody's and so on, looking to downgrade and so on. How is it then that you waited - you collectively, not you personally - until you arrived in the ... in the state of crisis on the 29th? Why was there no intervention before the 29th, given that those tracks were going in only one direction at that time? Why not act earlier and do something?

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