Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. William Beausang:

I can't recall - and, certainly, it's not borne out by the handwritten notes - that there was any discussion of the shape of the guarantee at that point in time ... in that initial discussion. There was going to be a guarantee and it was going to be a guarantee for all institutions and broad. That was just what I ... we would refer to as the blanket guarantee. How blanket that would be, would be a matter for the decision-----

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