Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. William Beausang:
That was in, if I can recall correctly, I think that note was done in November 2007. So even at that stage, and reflecting the discussions that I know the Governor would have had with the president, even in advance of that, there was awareness that what we might need to stabilise the Irish financial system was an EU-level response, dealing with all the difficulties that were emerging.
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