Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Thank you, Chairman, and thank you, Mr. Cardiff. Just a couple of brief questions. Why even think about a bailout in 2008? If you believed the banks were solvent, if profitable even, according to some reports, there was a fiscal correction to be made but there wasn't a funding problem. So why did it flash across your mind and then why did you act on it?
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