Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Yes, thanks very much. Minutes of the meeting of the domestic standing group's suggested that liquidity was frequently reported upon from 2007 right up to the pre-crisis period. However, the drafting of legislation to enable the Minister to nationalise a financial institution suggests that the issue of solvency was also discussed. Can you outline the discussions that took place at the DSG on the issue of solvency?
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