Oireachtas Joint and Select Committees
Wednesday, 17 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
That's just the potential share run, though. That's almost a crisis point in itself. At the end of the first few months of the year, which had already seen a number of mini-crises and I listed them out, the different things that were happening. Banks weren't lending to Irish banks. Irish banks weren't each other. The Financial Regulator and the Governor were going to the banks asking them to lend to each other. And they were or were not ignoring them. So, why not take the opportunity then and it's come up briefly raised by my colleagues, why not step in then and make a resolution?
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