Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
In that same letter that Deputy Higgins referred to Vol. 5, pages 31-32, the letter from Mr. Trichet to Brian Lenihan in October 2010. It says, "I would like to re-emphasise that the current large provision of liquidity by the Eurosystem and the Central Bank of Ireland to entities such as Anglo Irish Bank should not be taken for granted as a long-term solution." Were you taking it for granted? Were you continuing in this manner or were you, meaning you the Government, concerned that actually this better stop quick, because we've gone beyond our limit?
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