Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. William Beausang:
Sorry ... you know, I'm sorry, I'll ... As I said earlier on, I mean, the first time that it went into our Bill was 25 or 26 September. But, obviously, as demonstrated by other documents that we've discussed, you know, there was an awareness that a guarantee was potentially part of the toolkit for dealing with a systemic crisis, although, as was pointed out in one of the present ... or maybe it wasn't pointed out this evening, but the ... we had made the argument that it wasn't really regarded as best practice in dealing with a financial crisis.
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