Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Marc MacSharry (Fianna Fail) | Oireachtas source
Okay. In terms of the guarantee, in your e-mail to Brendan McDonagh of the NTMA, you refer to, "In the event the State provides a guarantee for all deposits and credits, of the domestic banking system...", and it goes on later, "...Minister confirms intention to provide guarantee, if required." It would appear that a pre-determined position may have been agreed by 26 September. Can you advise on the discussions and analysis provided by the NTMA in response to your e-mail, and discussions with the Secretary General on the same-----
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