Oireachtas Joint and Select Committees
Thursday, 18 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
No, I know that. Mr. Cardiff, see when we talk about broad guarantees and it's probably important that we define this because we can .... within broad guarantee there is a number of different versions. And it would probably best helpful to ask about the political guarantee and the legal guarantee because what has been suggested in evidence is that if there was a political guarantee you would be able to nationalise ... keep the bank going until the weekend and then take the bank down through ... through some type of resolution mechanism or some ... so there is a difference between that. But I'll ... I'll move on to ask you can you outline the individuals and organisations who suggested that a broad legal guarantee approach before the night of the guarantee? Who sought the views of those individuals and organisations? You mentioned that they had come forward. You mentioned some to Senator O'Keeffe.
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