Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Doyle:

What he told ... what he told the meeting that night was that the ... Mr. Trichet said to him ... and I have included in my written statement my version of that. Just to be precise: "On the core question [whether the ECB would allow a bank failure] the view of the ECB as quoted to the meeting by the Governor on the night was that Mr. Trichet had advised him that no bank failure could be allowed, or words to that effect."

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