Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Thank you, Chair, and thank you, Governor. I just want to pick up on that area of discussion that we left off on before the short break. And it's in relation to your role then when it actually came to negotiation, when it came to that period of time in 2010. Because you talk in the book, In Calm and Crisis... you wrote a chapter on Brian Lenihan about the Deauville declaration and how, essentially, in terms of market confidence, the die was cast and there was going to be an application for a bailout.

So, at that point, is there no turning back in your view? Was that it?

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