Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. William Beausang:
No, it wasn't. No, I mean that's ... yes, I mean, when you talk about 2000s, it's certainly not in 2007. Obviously, as 2008 unfolded and particularly into September 2008, there was a concern around specific institutions, starting off with INBS on account of the Reuters report and then as we ... post-Lehman's, as liquidity pressure seemed to be impacting, in particular, on the finance funding situation of one particular institution. So, I mean, in terms of the triage that you, you know, that apply to these kind of situations, there were certainly two institutions there that were considered more at risk than other institutions but other institutions were obviously under pressure as well.
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