Oireachtas Joint and Select Committees
Wednesday, 8 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
Okay. On the night there is ... there was a contemporaneous note ... I'm sorry, this is Kevin Cardiff's note, I think that's KCA 00001. So, this was the note that Kevin Cardiff kept from the night, the one ... you know, the one ... one of the notes that we have from that night. And he observes in that that Brian Lenihan said:
Anglo is now a bank with no cash and with fiduciary obligations. [And he also said] A guarantee might be seen as a banana republic measure.
Do you remember?
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