Oireachtas Joint and Select Committees
Wednesday, 17 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
So should you not have had the broadest possible set of options available to the decision-makers, that if they had decided that they wanted to let Anglo and Nationwide go, that that could have been done in an orderly fashion, protecting depositors in so far as possible, burning bondholders and limiting the impact on the rest of the system? That option wasn't there.
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