Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Ann Nolan:

Well, the decision to nationalise Anglo was a decision of the Government, so we couldn't just decide. Even if we had informal discussions from Arthur Cox and were considering nationalising, as, indeed, we were because we were ready to nationalise, we couldn't just decide ... I think it was probably the 19th before they were actually nationalised. I ... we couldn't just decide that, and decide to put aside the other part of the work stream, I mean, if you're giving Government the decision, you have to be able to implement both options.

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