Oireachtas Joint and Select Committees
Wednesday, 17 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. David Doyle:
I just might continue, if I may, seeing as how this is an important issue, the debate went on. Nationalisation could be a problem. The Minister would have said "Yes, I accept that view, I have listened to the views of the Central Bank and the regulator, they don't think there should be nationalisation at this point." The meeting would then go on several times over the course of the night. The Minister went back to the same issue and the same debate took place quite a number of times over the course of the night. So there was a continual concern. Each occasion, the pros and cons of each would be discussed and it appeared that the Minister was acquiescing. What he was really ... position ... he was not saying "I remain convinced that Anglo should be nationalised." At some stage during the course of the night - you asked me when, I actually can't recall what time, it was quite late anyway - the Taoiseach nudged the Minister and said "Come on, let's go out and have a chat." So they went out and had a chat. I don't know how long that lasted. I can't recall. It certainly was not five minutes or ten minutes, could have been longer.
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