Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

It's in Mr. Cowen's document, Vol. 2, page 66 ... letter, 25 September ... it's an unusual letter, I think it's fair to say. There's an extensive PS at the end of it which I have rarely seen in such documents. But, Mr. Gray wrote to Mr. Cardiff advocating a guarantee and strongly opposing nationalisation in the subsequent ... there's a two-page document attached to that particular letter. Were you speaking with Mr. Gray at that particular time? That's three or four days before the guarantee decision was announced?

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