Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

Okay. You mention that you had, during a break, consulted Brian Gray by phone, whose ... Alan Gray, sorry ... Alan Gray, whose opinion you respected and ... just to bounce a few things off and you talked about a guarantee and he pointed out to you the importance that there would be some kind of a fee for that guarantee, obviously, because of the European rules and so on. Did the banks look for the guarantee for free?

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