Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Kevin Cardiff:

This was dynamite stuff. I remember being in a committee here when, I think it was Deputy Ross, was trying to get me to admit that we were working on a default and the notion that you would stand up in the ... and default with an exit ... the notion that you would stand up in or sit down in a committee and declare that to the world was just ridiculous. I mean we had to work on it ... of course, we did but it was ... how could one have even hinted in public that this was a serious consideration?

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