Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

So was the factors that arose between the guarantee and the bailout ... could you just discuss those further, Governor, with us, please, because there was three or four crucial items: NAMA, PCAR, recapitalisation and nationalisation of Anglo and then a corporate bank run then as well? Could you discuss those a little bit further, please, and the impact of those on forcing us into a bailout?

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