Oireachtas Joint and Select Committees
Wednesday, 17 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. David Doyle:
My understanding is from then on he was in close contact with the European Central Bank in relation to unfolding events. You had Lehman's etc., etc., etc., and that weekend, because of the unfolding pressures, there was an expectation on our part that something could come from the ECB in terms of an intervention. And we were anxious to know was there going to be some intervention coming and, as I recall, Mr. Hurley was in contact with the ECB to establish whether something was ... would be coming, but, as to what he was told by the European Central Bank-----
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